Notwithstanding any other provision of law, subsequent to annexation of such territory and dissolution of the annexed district, the maintenance district shall assume all of the assets and liabilities of the dissolved district and shall be entitled to all of the property tax revenues to which the territory annexed would have been entitled had the territory not been so annexed.
Cal. Sts. & High. Code § 5841.5
Maintenance Districts
Known as the Improvement Act
The act spans §§ 5000–6794 (521 sections).
Added by Stats. 1979, Ch. 261.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.