R.I. Gen. Laws § 45-67-15

Current through 2024 Public Law 457

Section 45-67-15 - Reversion upon dissolution or termination

Upon dissolution or termination of the utility district, the assets of the utility district that remain after payment, or making provision for payment, of all bonds, notes, and other obligations of the utility district shall be distributed to the town of New Shoreham or as ordered by a court of proper jurisdiction.

Added by 2017 Pub. Laws, ch. 280,§ 1, eff. 7/21/2017.

Added by 2017 Pub. Laws, ch. 293,§ 1, eff. 7/26/2017.