Sec. 29.06.150. Succession to rights and liabilities.
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/ak/title-29/chapter-6/29-06-150A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 29.06.150. Succession to rights and liabilities.
(a)When two or more municipalities merge, one succeeds to the rights, powers, duties, assets, and liabilities of the others.
(b)When two or more municipalities consolidate, the newly incorporated municipality succeeds to the rights, powers, duties, assets, and liabilities of the consolidated municipalities.