Colorado Code § 37-42-139

Dissolution of district - election
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(1) A plan for the dissolution of any
irrigation district organized under this article may be submitted to the landowners at a special
election held for that purpose. Such plan must provide for the payment of all district debts and
liabilities and the disposition of district assets. If the landowners authorize such dissolution by an
affirmative vote of a majority of the entire voting strength of the district, the directors shall
proceed to carry out the plan so authorized and, upon the accomplishment thereof, shall file their
certificate of such fact with the county clerk and recorder of each county wherein any part of
said district is situated.
(2) Thereupon, the district shall be considered at an end; except that, within fifteen days
from the date of the vote of the landowners authorizing such dissolution, any landowner or
creditor may contest the validity of such proceeding or the legality of the proposed plan of
dissolution by action in the district court of the county wherein the district office is situated, and,
pending determination in such cause, no action shall be taken by the board of directors
thereunder. If any funds remain in the hands of the district treasurer to the credit of such district
after its dissolution, such funds shall be distributed among the landowners in proportion to the
acreage of their lands within the district.

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