California Government Code 57526 – Upon the effective date of a merger, all of the moneys or funds, …
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Upon the effective date of a merger, all of the moneys or funds, including cash on hand and moneys due but uncollected and all property, real or personal, of the merged district is vested in the city.
(Added by Stats. 1985, Ch. 541, Sec. 3. Effective September 9, 1985. Operative January 1, 1986, by Sec. 5 of Ch. 541.)
Terms Used In California Government Code 57526
- City: includes "city and county" and "incorporated town" but does not include "unincorporated town" or "village. See California Government Code 20