California Government Code
§ 56816
GOV § 56816 Effective Jan 1, 2017Div. 3 · Title 5 · Part 3 · Ch. 4 · Art. 3
Statute text
View on leginfo.ca.gov(a)It is the intent of the Legislature that any proposal that includes the disincorporation of a city result in a determination that the debt or contractual obligations and responsibilities of the city being disincorporated shall be the responsibility of that same territory for repayment. To ascertain this information, the city shall provide a written statement that determines and certifies all of the following to the commission prior to the issuance of a certificate of filing for a disincorporation proposal, pursuant to Sections 56651 and 56658:
(1)The indebtedness of the city.
(2)The amount of money in the city’s treasury.
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Legislative history
Amended by Stats. 2016, Ch. 165, Sec. 5. (AB 2910) Effective January 1, 2017.