Termination or dissolution

The governing bodies of the municipal electric utility forming an authority shall include in their interlocal agreement a provision allowing for: (1) The termination or dissolution of the authority; (2) The winding up of the authority's affairs; and (3) Appropriate disposal or distribution of the authority's property. Acts 2003, No. 366, § 1. The governing bodies of the municipal electric utility forming an authority shall include in their interlocal agreement a provision allowing for: (1) The termination or dissolution of the authority; (2) The winding up of the authority's affairs; and (3) Appropriate disposal or distribution of the authority's property. Acts 2003, No. 366, § 1.