North Carolina General Statutes 160A-872. Dissolution
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Terms Used In North Carolina General Statutes 160A-872
- following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
After the time for submitting a petition under N.C. Gen. Stat. § 160A-870 has passed and no petition has been submitted or the referendum authorized under this Part was answered in favor of dissolution, the city may implement the plan of action. The effective date of the plan of action to dissolve shall be June 30 following completion of the process established by this Part. Upon completion of the plan of action and written confirmation of its completion from the Commission, the city shall file a copy of the resolution to dissolve with the Commission and the Secretary of State. Upon filing of the resolution to dissolve, the body politic and corporate of the city shall cease to exist. (2021-124, s. 6.)