Arizona § 40-1128 - Dissolution of authority
Full text of Arizona Arizona Revised Statutes § 40-1128 — Dissolution of authority, with citation guidance and answers to common questions.
§ 40-1128. Dissolution of authority
Whenever the board of directors of an authority, by resolution, determines that the purposes for which the authority was formed have been substantially complied with, that the need for the authority has terminated, and that all obligations incurred by the authority have been fully paid, the members of the board of directors of the authority shall, upon concurrence by resolution of the governing body creating the authority, thereupon dissolve the authority in accordance with provisions of title 10. A certificate of dissolution of the authority shall be filed for record with the secretary of state. Upon dissolution all property and funds of the authority shall revert to and be the property of the creating political subdivision or subdivisions in the proportion that the population of each contracting political subdivision bears to the total population of the area of the authority.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 40-1128
What does Arizona Revised Statutes § 40-1128 cover?
Section 40-1128 ("Dissolution of authority") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 40-1128?
A common citation format is "Arizona Revised Statutes § 40-1128" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 40-1128 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.