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 general treasurer for the use of the state, and, except as provided in
this chapter, all property belonging to the authority shall be vested in the state
and delivered to it.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.