California Government Code

§ 57453

GOV § 57453 Effective Sep 9, 1985Div. 3 · Title 5 · Part 5 · Ch. 6

Statute text

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.

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Legislative history

Added by Stats. 1985, Ch. 541, Sec. 3. Effective September 9, 1985. Operative January 1, 1986, by Sec. 5 of Ch. 541.