C-27.1 - Municipal Code of Québec

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618. If, within three months after the agreement is terminated, the corporations that were parties thereto do not renew it or adopt a new agreement to provide for the maintaining of the management board, the latter must, within three months after the expiry of that time, apply for its dissolution to the Minister of Municipal Affairs. Notice of the application must be published in the Gazette officielle du Québec not less than 30 days before being presented to the Minister.
The dissolution is declared by an order of the Minister, and he apportions the assets and liabilities of the management board.
However, if an interested person shows that, for exceptional reasons, the interest of the taxpayers would be better served if the management board were continued, the Minister may order it continued and the agreement prolonged for a period not exceeding that of the original agreement.
Notice of the dissolution or continuance of the management board is published by the Minister in the Gazette officielle du Québec.
1979, c. 83, s. 2.