249.750. Suits dismissed, when — winding up affairs, discharge of liquidator. — 1. Whenever the expense of collecting the tax bills, in suits, in any sewer district, is greater than the receipts that might be collected in such suits, then the liquidator shall dismiss said suits.
2. When all suits in all of the districts in any county to which this section applies are dismissed the liquidator shall sell all office furniture and equipment for cash. All books and records of said districts shall be delivered to the county clerk for safekeeping.
3. After the payment of expenses, the balance on hand shall be paid into the general revenue fund of the county in which districts are located.
4. The liquidator shall file a final report with the court en banc and upon the approval of said report the said court shall adjudge and decree that said districts (naming them) are fully administered and dissolved and discharge the liquidator.
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(L. 1953 p. 545)
---- end of effective 28 Aug 1953 ----
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