New Hampshire Statutes
§ 52-A:12 — Dissolution of District
New Hampshire·Title III TOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES·Ch. 52-A SPECIAL ASSESSMENT DISTRICTS
A special assessment district created under this chapter may not be dissolved until all debt incurred with respect to the district is finally discharged and all special assessments levied for the purpose of paying the debt have been paid or otherwise satisfied. Upon satisfaction of those conditions, the municipality's governing body may dissolve the district, and it shall dissolve the district upon receipt of a petition signed by the number of property owners specified in RSA 52-A:4, I(c). Upon dissolution of the district, all amounts remaining in the special assessment fund shall become part of the municipality's general fund accumulated surplus.
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Legislative History
2015, 240:2, eff. Sept. 11, 2015.
Nearby Sections
12
§ 52-A:1
Definitions§ 52-A:10
Priority of Lien§ 52-A:11
Assessment Funds§ 52-A:12
Dissolution of District§ 52-A:2
Authority§ 52-A:5
Establishment of District§ 52-A:6
Method of Appropriation§ 52-A:8
Use of Proceeds