Statute · California Government Code

Cal. Gov't Code § 57453 — Effect of Dissolution

Cal. Gov't Code § 57453

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1985-09-09
Current through
Nov 2, 2026 (California Legislative Counsel)

For the sole and exclusive purpose of winding up the affairs of the dissolved district, the successor and the officers and legislative body of the successor have the same powers and duties as the dissolved district and the officers and legislative body of the dissolved district and all of the…

Citator

Cal. Gov't Code § 57453 — Effect of Dissolution is in force in the current edition of the Code, and nothing recorded condemns it.

For the sole and exclusive purpose of winding up the affairs of the dissolved district, the successor and the officers and legislative body of the successor have the same powers and duties as the dissolved district and the officers and legislative body of the dissolved district and all of the following additional powers and duties:

(a) To exchange, sell, or otherwise dispose of all property, real and personal, of the dissolved district.

(b) To compromise and settle claims of every kind and nature.

(c) To sue or be sued in the same manner and to the same extent as the dissolved district and the officers and legislative body of the dissolved district.

These powers and duties shall commence upon the effective date of dissolution and shall continue thereafter until the time when the affairs of the dissolved district have been completely wound up.