Any funds, money, or property of a dissolved district which have been impressed with any public trust, use, or purpose shall continue to be so impressed until that public trust, use, or purpose is vacated, abandoned, or terminated, in the manner provided by law.
Cal. Gov. Code § 57462
Effect of Dissolution
Known as the Cortese-Knox-Hertzberg Local Government Reorganization Act
The act spans §§ 56000–57550 (507 sections).
Added by Stats. 1985, Ch. 541, Sec. 3
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.