Colorado § 32-12-127 Dissolution

Colorado Statutes

§ 32-12-127 — Dissolution

Colorado·Title 32 Special·Art. Rail District Act

Except as otherwise provided in this article, a rail
district may be dissolved in a manner pursuant, as nearly as practicable, to the
provisions of part 7 of article 1 of this title. Dissolution may be initiated by petitions
signed by eligible electors in an amount equal to at least five percent of the total
number of electors who cast votes within the rail district for all candidates for the
office of secretary of state at the last preceding general election. No dissolution
shall be effected unless approved by a majority of the eligible electors of the rail
district voting thereon and unless satisfactory arrangements have been made for
payment of any obligations or debts and for the continuation of any services
essential for the health, welfare, and safety of residents of the rai

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Except as otherwise provided in this article, a rail
district may be dissolved in a manner pursuant, as nearly as practicable, to the
provisions of part 7 of article 1 of this title. Dissolution may be initiated by petitions
signed by eligible electors in an amount equal to at least five percent of the total
number of electors who cast votes within the rail district for all candidates for the
office of secretary of state at the last preceding general election. No dissolution
shall be effected unless approved by a majority of the eligible electors of the rail
district voting thereon and unless satisfactory arrangements have been made for
payment of any obligations or debts and for the continuation of any services
essential for the health, welfare, and safety of residents of the rail district.

Colorado § 32-12-127 (Dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.