Oklahoma § 19-901.24 - Dissolution of district
Full text of Oklahoma Oklahoma Statutes § 19-901.24 — Dissolution of district, with citation guidance and answers to common questions.
§ 19-901.24. Dissolution of district
In the event of the dissolution of a district, the board of
directors of the district shall be trustees for the disposition of
the property and the proceeds of the disposition of such property
and all funds remaining on hand shall be deposited with the county
treasurer who shall thereupon succeed to the powers and duties of
the district treasurer and who shall annually collect from all of
the property which shall have been in the district at the time of
the authorization of any bond, an annual assessment sufficient to
pay the interest and amount necessary to retire such outstanding
bonds as the same may become due. Such annual assessment shall be
based upon the district appraisal record at the time of dissolution.
When all of the property of the district has been disposed of and
Oklahoma Statutes - Title 19. Counties and County Officers
the funds of the district deposited with the county treasurer, the
powers and functions of the district board, as trustees for
dissolution, shall cease and the board of county commissioners of
the county in which such district is located shall succeed to all of
the powers and duties of the district insofar as it shall be
necessary for them to wind up and conclude the affairs of the
district.
Added by Laws 1949, p. 160, § 24.
Frequently Asked Questions About Oklahoma § 19-901.24
What does Oklahoma Statutes § 19-901.24 cover?
Section 19-901.24 ("Dissolution of district") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. 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 Oklahoma § 19-901.24?
A common citation format is "Oklahoma Statutes § 19-901.24" (Oklahoma). 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 Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 19-901.24 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma 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 Oklahoma.