§ 23-61.5-113 — Dissolution of district

Colorado § 23-61.5-113

• Jurisdiction: Colorado
• Title 23: Postsecondary Education
• Art.: Area Vocational Districts

Text

Any area vocational district may be
dissolved in the following manner: A plan for the dissolution of the area vocational
district may be submitted to the eligible electors of the area vocational district at a
special election held for that purpose. The plan shall provide for the payment of all
district debts and liabilities and the distribution of all district assets. If the eligible
electors authorize the dissolution by a vote of the majority of electors voting at the
special election, the board shall proceed to carry out the plan so authorized and,
upon accomplishment thereof, shall file its certificate of that fact with the county
clerk and recorder of the county wherein the district is situate. Thereupon, the
district shall be considered dissolved. If any property or funds remain in the hands
of the board, credit after the dissolution of the property or funds shall be
distributed as provided in the plan of dissolution for the distribution of the assets of
the area vocational district.

Legislative History

Source: L. 83: Entire article added p. 816, � 1, effective June 1. L. 92: Entire section amended, p. 848, � 48, effective January 1, 1993.