11-9-46. Termination of district.
The existence of a district shall terminate when:
(1)Positive tax increments are no longer allocable to a district under §11-9-25; or
(2)The governing body, by resolution, dissolves the district, after payment or provision for payment of all project costs, grants, and all tax increment bonds of the district.
Source: SL 1978, ch 91, §19; SL 1983, ch 37, §13; SL 2011, ch 73, §19; SL 2018, ch 70, §45.