2007 California Public Utilities Code Article 7. Dissolution

CA Codes (puc:27481)

27481.  A special transit service district may be dissolved by
resolution of the board if any proposition for the incurring of a
bonded indebtedness fails to carry, and if the special transit
service district is then subject to no other indebtedness or
liability pursuant to this part and has been organized for not less
than two years.  Dissolution of a special transit service district
shall not prevent subsequent proceedings for the creation of a
special transit service district including the same or any part of
the area of the special transit service district dissolved.