2014 Florida Statutes
TITLE XIII - PLANNING AND DEVELOPMENT
Chapter 189 - UNIFORM SPECIAL DISTRICT ACCOUNTABILITY ACT
Part VII - MERGER AND DISSOLUTION (ss. 189.07-189.0761)
189.076 - Financial allocations.
189.076 Financial allocations.—
(1) The government formed by merger of existing special districts shall assume all indebtedness of, and receive title to all property owned by, the preexisting special districts. The proposed charter shall provide for the determination of the proper allocation of the indebtedness so assumed and the manner in which said debt shall be retired.
(2) Unless otherwise provided by law or ordinance, the dissolution of a special district government shall transfer the title to all property owned by the preexisting special district government to the local general-purpose government, which shall also assume all indebtedness of the preexisting special district.
(3) The provisions of this section shall not apply to community development districts established pursuant to chapter 190 or to water management districts created and operated pursuant to chapter 373.
History.—s. 11, ch. 89-169; s. 11, ch. 97-255; s. 25, ch. 2014-22.
Note.—Former s. 189.4045.
Disclaimer: These codes may not be the most recent version. Florida may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
