Idaho Code § 22-3117: Winding up of commission’s affairs if vote is in favor of discontinuance.

If the vote at the referendum provided in section 22-3114, Idaho Code, is in favor of discontinuation, the commission shall as rapidly as possible terminate its activities, convert its assets to cash and do all other things necessary to terminate its activities. At the termination of such activities, any funds remaining in possession of the commission shall be paid to the University of Idaho for research regarding hops.