Current through 131st (2023-2024) Legislature Chapter 684
Section 13210 - Termination of corporationThe corporation is not dissolved until: [2021, c. 631, §1(NEW).]
1.Legislature provides for termination. It is terminated by the Legislature; and [2021, c. 631, §1(NEW).]
2.Payment of bonds, premium and interest. The bonds, premium, if any, and interest have been paid or a sufficient amount for the payment of the bonds and interest to maturity or a prior redemption date have been irrevocably set aside in trust for the benefit of the bondholders. [2021, c. 631, §1(NEW).]
Added by 2022, c. 631,§ 1, eff. 8/8/2022.