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Title VI COUNTY, TOWNSHIP AND POLITICAL SUBDIVISION GOVERNMENT

Chapter 67

Effective - 28 Aug 1999 bottom

  67.1642.  Termination of existing program, how. — A home equity program may be terminated only by approval of the local governing bodies of the municipality or county.  In terminating the program, the governing commission shall refund the remaining balance of the guarantee fund, if any, after all potential liabilities have been satisfied, to the then current property taxpayers of all real property within the area of the commission in an equitable manner proportionate to the manner in which the guarantee fund was raised.

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(L. 1999 S.B. 20)


---- end of effective   28 Aug 1999 ----

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