Okla. Stat. tit. 82, § 82-277.18: Dissolution

A. Upon petition by twenty-five percent (25%) of the electors

of a district, the board shall call a special election to determine

whether the district should be dissolved and a settlement of its

financial obligations made.

B. The election shall be conducted as provided by the bylaws of

the district. If the electors vote to dissolve the district, the

board shall immediately notify all persons having claims against the

district of the result of such election and shall adjust, settle and

pay all claims.

C. If the amount realized from the sale of district property,

together with other money of the district, is insufficient to pay

the indebtedness of the district, assessments shall continue to be

made against the land in the district until all obligations are

paid.

D. Within thirty (30) days after all the property of the

district has been disposed of and all of its obligations have been

paid, the board shall file a certificate of dissolution in the

office of the county clerk of each county in which the district is

located, and in the office of the Oklahoma Water Resources Board.

The certificate shall be signed by the president and attested by the

secretary-treasurer, with the seal of the district affixed. The

certificate shall state that the district has disposed of its

property, has been dissolved and shall describe the lands released

from the district.