§ 13-9e. If, subsequent to the dissolution of a park district under this section, a new park
district, the greater portion of which was contained within the area of the dissolved
park district, is organized as the result of a petition filed within one (1) year
after such dissolution, all of the parks and other property that vested in the school
district as a result of such dissolution shall thereupon vest in the newly organized
park district, and the newly organized park district shall succeed to all of the outstanding
rights and obligations of the dissolved district, and the power and authority of the
trustees of the schools or the school district with respect to the affairs of the
dissolved district shall terminate.
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