261.705 Authority to dissolve district; vote authorizing dissolution
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/or/ors-chapter-261/dissolution/261-705A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
261.705 Authority to dissolve district; vote authorizing dissolution. Any people’s utility district which has not received voter authorization within five years of its formation election to issue bonds in an amount sufficient to acquire or build a system to provide service within its district may be dissolved whenever a majority vote of the electors of the district voting at an election for such purpose favors the dissolution. [Amended by 1987 c.824 §1]