A. Districts may be dissolved by a majority vote of the board of directors of the district.

Terms Used In Arizona Laws 48-1312

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Board: means the board of directors of a district. See Arizona Laws 48-1301
  • Council: means the cotton research and protection council established by Title 3, Chapter 10. See Arizona Laws 48-1301
  • District: means a cotton pest control district established pursuant to this chapter. See Arizona Laws 48-1301
  • Producer: means a person who farms and produces cotton in a district or proposed district. See Arizona Laws 48-1301

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.