Arizona § 48-1312 - Dissolution
Full text of Arizona Arizona Revised Statutes § 48-1312 — Dissolution, with citation guidance and answers to common questions.
§ 48-1312. Dissolution
A. Districts may be dissolved by a majority vote of the board of directors of the district.
B. If the district is dissolved, the council, within sixty days after the action taken under subsection A, shall:
1. Dispose of the district's assets, if any.
2. Pay the district's outstanding obligations.
3. Distribute any remaining district monies to producers in proportion to the last assessment paid by the producer.
Frequently Asked Questions About Arizona § 48-1312
What does Arizona Revised Statutes § 48-1312 cover?
Section 48-1312 ("Dissolution") 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 § 48-1312?
A common citation format is "Arizona Revised Statutes § 48-1312" (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 § 48-1312 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.