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WASHINGTON STATUTES AND CODES

87.53.150 - State's consent to dissolution.

State's consent to dissolution.

Whenever any bonds of the district are held in the state reclamation revolving account, and, in the opinion of the director of ecology, the district is or will be unable to meet its obligations, and that the state's investment can be best preserved by the dissolution of the district the director may give his consent to dissolution under such stipulations and adjustments of the indebtedness as he deems best for the state.

[1988 c 127 § 62; 1951 c 237 § 15.]

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