North Carolina Statutes

§ 162A-875 — Effect of merger or dissolution

North Carolina § 162A-875
JurisdictionNorth Carolina
Ch. 162AWater and Sewer Systems
Art. 10Dissolution and Merger of Units

This text of North Carolina § 162A-875 (Effect of merger or dissolution) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.C. Gen. Stat. § 162A-875 (2026).

Text

(a)Upon adoption of the resolution of merger or dissolution by the Environmental Management Commission, all of the following shall apply on the effective date set forth in the resolution:
(1)All property, real, personal, and mixed, including accounts receivable, belonging to the dissolving unit shall be transferred, disposed of, or otherwise accounted for as provided in the resolution of merger or dissolution.
(2)All judgments, liens, rights of liens, and causes of action of any nature in favor of the dissolving unit shall vest in and remain and inure to the benefit of the merged district.
(3)All taxes, assessments, sewer charges, and any other debts, charges, or fees owing to the dissolving unit shall be owed to and collected as provided in the resolution of merger or dissolution.
(4)

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Bluebook (online)
North Carolina § 162A-875, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/162A/162A-875.