Upon the completion of such consolidation procedure, the Orange County Transit District shall be deemed to be dissolved. Thereafter, all property and assets of the district which are not subject to the negotiated contract pertaining to consolidation shall be distributed to the County of Orange.
Cal. Pub. Util. Code § 40617
Consolidation with Other Districts
Known as the Orange County Transit District Act
The act spans §§ 40000–40617 (136 sections).
Added by Stats. 1965, Ch. 1899.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.