§ 40528
52 words·~1 min read·
/ca/government-code/40528A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After adoption of an ordinance declaring there is no need for an authority to function, and while it is in effect, the legislative body may wind up the affairs of the authority and has title to all property of the authority for such purpose and for the benefit of the local agency.