249.750. Suits dismissed, when--winding up affairs, discharge of liquidator. - Missouri Statutes

Suits dismissed, when--winding up affairs, discharge ofliquidator.

249.750. 1. Whenever the expense of collecting the taxbills, in suits, in any sewer district, is greater than thereceipts that might be collected in such suits, then theliquidator shall dismiss said suits.

2. When all suits in all of the districts in any county towhich this section applies are dismissed the liquidator shallsell all office furniture and equipment for cash. All books andrecords of said districts shall be delivered to the county clerkfor safekeeping.

3. After the payment of expenses, the balance on hand shallbe paid into the general revenue fund of the county in whichdistricts are located.

4. The liquidator shall file a final report with the courten banc and upon the approval of said report the said court shalladjudge and decree that said districts (naming them) are fullyadministered and dissolved and discharge the liquidator.

(L. 1953 p. 545)