57.90.050 - Assessments to retire indebtedness.

Assessments to retire indebtedness.

If a special district is disincorporated and the proceeds of the sale of any of its assets, together with money on hand in the treasury of the special district, are insufficient to retire any outstanding indebtedness, together with all costs and expenses of liquidation, the county legislative authority shall levy assessments in the manner provided by law against the property in the special district in amounts sufficient to retire the indebtedness and pay the costs and expenses.

[1996 c 230 § 1506; 1963 c 55 § 5.]

Notes: Part headings not law -- Effective date -- 1996 c 230: See notes following RCW 57.02.001.