California Government Code

§ 13995.52

GOV § 13995.52 Effective Jan 1, 2004Div. 3 · Title 2 · Part 4.7 · Ch. 1 · Art. 5

Statute text

(a)Except as otherwise specified in Section 13995.70, the commission may be terminated by referendum of the assessed businesses pursuant to Section 13995.60 or at any time by a referendum called by 10 percent of the assessed businesses, calculated by weighted percentages.

(b)Notice of the termination shall be mailed to all assessed businesses.

(c)Upon termination, the commission shall continue its existence as a nonprofit corporation for purposes of winding up its affairs and dissolution.

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Legislative history

Added by Stats. 2003, Ch. 229, Sec. 1.5. Effective January 1, 2004.