Cal. Sts. & Hy. Code § 5841.5

Current through the 2023 Legislative Session.
Section 5841.5 - Assumption of assets and liabilities of dissolved district; entitlement to property tax revenues

Notwithstanding any other provision of law, subsequent to annexation of such territory and dissolution of the annexed district, the maintenance district shall assume all of the assets and liabilities of the dissolved district and shall be entitled to all of the property tax revenues to which the territory annexed would have been entitled had the territory not been so annexed.

Ca. Sts. and High. Code § 5841.5

Added by Stats. 1979, Ch. 261.