Terms Used In Florida Statutes 336.66

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
At any time subsequent to the expiration of 8 years from the creation of a road and bridge district, or after completion of all improvements for which the district was originally created, whichever occurs first, the commissioners may abolish such district upon a majority vote. However, by such action, the commissioners assume all liabilities, obligations, and responsibilities of such road and bridge district.