321.410. Effect of dissolution — appointment of trustee. — The dissolution of a fire protection district shall not invalidate or affect any right accruing to such fire district, or to any person, or invalidate or affect any contract or indebtedness entered into or imposed upon such fire protection district or person; and whenever the circuit court shall, under the provisions of section 321.400, dissolve a fire protection district, the said court shall appoint some competent person to act as trustee for the fire protection district so dissolved and such trustee before entering upon the discharge of his duties shall take and subscribe an oath that he will faithfully discharge the duties of his office, and shall give bond with sufficient security, to be approved by the court to the use of such dissolved fire protection district, for the faithful discharge of his duties, and shall proceed to liquidate the district under orders of the court, including the levying of any taxes provided for in this chapter.
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(L. 1947 V. I p. 432 § 41, A.L. 1969 H.B. 322)
---- end of effective 28 Aug 1969 ----
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