South Carolina Code of Laws
Chapter 25 - Joint Authority Water And Sewer Systems Act
Section 6-25-80. Dissolution of system.

Whenever the commission of a joint system and the governing body of each of its members shall by resolution or ordinance determine that the purposes for which the joint system was formed have been substantially fulfilled and that all bonds issued and all other obligations incurred by the joint system have been fully paid or satisfied, the commission and members may declare the joint system to be dissolved. On the effective date of the resolution or ordinance, the title to all funds and other income and property owned by the joint system at the time of dissolution must be disbursed to the voting members of the joint system according to its bylaws.
HISTORY: 1983 Act No. 82, Section 2; 1999 Act No. 113, Section 11; 2007 Act No. 59, Section 1, eff June 6, 2007.
Effect of Amendment
The 2007 amendment reprinted this section with no apparent change.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 6 - Local Government - Provisions Applicable to Special Purpose Districts and Other Political Subdivisions

Chapter 25 - Joint Authority Water And Sewer Systems Act

Section 6-25-5. Legislative findings.

Section 6-25-10. Short title.

Section 6-25-20. Definitions.

Section 6-25-25. Authority to purchase, construct, etc., facilities.

Section 6-25-30. Creation of joint systems.

Section 6-25-35. Extension of provisions applicable to water.

Section 6-25-40. Notice of ordinance or resolution creating system; objections; exception.

Section 6-25-50. Agreement as to number of commissioners each member may appoint; application filed with Secretary of State; corporate certificate.

Section 6-25-60. Joint system to be managed and controlled by commission; appointment of commissioners; oath; records; seal; quorum; vacancies; expenses.

Section 6-25-70. Change in membership of joint system.

Section 6-25-80. Dissolution of system.

Section 6-25-90. Executive committee; composition; powers; terms of office; vacancies; filing notice of change with Secretary of State.

Section 6-25-100. Powers of joint system.

Section 6-25-110. Authorization to incur debt and issue bonds.

Section 6-25-111. Issuance, sale, and execution of bonds; use of proceeds; issuance of temporary bonds; replacement of bonds.

Section 6-25-112. Trust agreements or resolutions providing for issuance of bonds.

Section 6-25-113. Revenues from which bonds payable; statement of restriction.

Section 6-25-114. Issuance of refunding bonds.

Section 6-25-115. Financing pools and construction notes.

Section 6-25-120. Repayment of notes, obligations, or bonds.

Section 6-25-125. Charges for services; pledges.

Section 6-25-126. Temporary investment of funds pending disbursements.

Section 6-25-127. Enforcement of bondholder and construction note holder rights.

Section 6-25-128. Contracts between authority and joint system; duration.

Section 6-25-129. Governmental functions; state tax exemption.

Section 6-25-130. Employment or appointment of personnel; rights, privileges, and benefits.

Section 6-25-131. Restriction as to who may benefit from joint system income, profit or assets; exception.

Section 6-25-140. Annual system audit; reports.

Section 6-25-145. Investment by fiduciaries in bonds and construction notes.

Section 6-25-150. Contracts with federal and state government and agencies.

Section 6-25-155. Bonds, interest coupons and construction notes as investment securities.

Section 6-25-160. Tax status of evidences of indebtedness issued by joint system.

Section 6-25-170. Construction of chapter.