474.430 - Procedure on favorable vote for dissolution; when dissolution complete.

474.430  Procedure on favorable vote for dissolution; when dissolution complete.

      1.  If it appears that a majority of the owners of land voting at the election have voted in favor of dissolution, the board of directors of the district shall:

      (a) Cause such facts to be entered upon its minutes.

      (b) Forward a copy of such entry to the board of county commissioners of the county in which the district is situated.

      (c) Record a copy of such entry with the county recorder.

      2.  On and after filing and recording, the district shall be deemed dissolved.

      [Part 11:121:1937; 1931 NCL § 1929.11]