DIVISION 21. WATER CONSERVATION DISTRICTS 74000-76501›PART 10. CHANGES IN ORGANIZATION 75750-76061›CHAPTER 5. Dissolution 76030-76061›ARTICLE 4. Vesting of Property Upon Dissolution 76060-76061
§ 76061
California Water Code · 2020-11 edition · updated 2026-10-04 · California
The personal property belonging to a district upon its dissolution shall be sold by the board of supervisors of the principal county, and the proceeds from such sale, together with all moneys of the district, remaining after the payment of all of the obligations of the district, shall be paid into the general funds of the affected counties in the same proportions that the assessed values of the lands (according to the last assessment rolls) within the district in each of such counties bear one to the other.
(Added by Stats. 1965, Ch. 75.)
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