247.640. Effect of dissolution--appointment of trustee. - Missouri Statutes

Effect of dissolution--appointment of trustee.

247.640. No dissolution of such district shall invalidate oraffect any right accruing to the district, or to any person, orinvalidate or affect any contract or indebtedness entered into orimposed upon the district or person; and whenever the circuitcourt shall, under the provisions of section 247.630, dissolveany such district, the court shall appoint some competent personto act as trustee for the district dissolved, and such trusteebefore entering upon the discharge of his duties shall take andsubscribe to an oath that he will faithfully discharge the dutiesof his office, and shall give bond with sufficient security, tobe approved by the court, to the use of such dissolved district,for the faithful discharge of his duties, and shall proceed toliquidate the district under orders of the court.

(L. 1949 p. 350 § 41)