If the authority shall be dissolved, all funds of the authority, not required for the payment of bonds or other debts of the authority, the disposition of which is not otherwise governed by contracts to which the authority may be party, shall be paid to the towns of East Greenwich, Coventry, and West Warwick and the city of Warwick and, except as provided in this chapter, all property belonging to the authority shall be vested in the above-mentioned municipalities and delivered to them.
R.I. Gen. Laws § 39-16-21