{"data":{"id":"us-ny/n.y.-general-municipal-law-774","jurisdiction":"us-ny","citation":"N.Y. General Municipal Law § 774","heading":"Proposed dissolution plan","body":"§ 774. Proposed dissolution plan. 1. The governing body of a local\ngovernment entity may, by resolution, endorse a proposed dissolution\nplan for the purpose of commencing dissolution proceedings under this\narticle.\n  2. The proposed dissolution plan shall specify:\n  (a) the name of the local government entity to be dissolved;\n  (b) the territorial boundaries of the entity;\n  (c) the type and/or class of the entity;\n  (d) a fiscal estimate of the cost of dissolution;\n  (e) any plan for the transfer or elimination of public employees;\n  (f) the entity's assets, including but not limited to real and\npersonal property, and the fair value thereof in current money of the\nUnited States;\n  (g) the entity's liabilities and indebtedness, bonded and otherwise,\nand the fair value thereof in current money of the United States;\n  (h) any agreements entered into with the town or towns in which the\nentity is situated in order to carry out the dissolution;\n  (i) the manner and means by which the residents of the entity will\ncontinue to be furnished municipal services following the entity's\ndissolution;\n  (j) terms for the disposition of the entity's assets and the\ndisposition of its liabilities and indebtedness, including the levy and\ncollection of the necessary taxes and assessments therefor;\n  (k) findings as to whether any local laws, ordinances, rules or\nregulations of the entity shall remain in effect after the effective\ndate of the dissolution or shall remain in effect for a period of time\nother than as provided by section seven hundred eighty-nine of this\ntitle;\n  (l) the effective date of the proposed dissolution;\n  (m) the time and place or places for a public hearing or hearings on\nthe proposed dissolution plan pursuant to section seven hundred\nseventy-six of this title; and\n  (n) any other matter desirable or necessary to carry out the\ndissolution.","path":["General Municipal Law","Article 17-A. Consolidation and Dissolution of Local Government","Title 3. Dissolution of Local Government Entities"],"source_url":"https://legislation.nysenate.gov/api/3/laws/GMU/774","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"1be8ee31f177ff0cbd1da2c8e7a4b59e5777702b0abd05063d6fd0417a42380c","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-general-municipal-law-773","next":"us-ny/n.y.-general-municipal-law-775"},"notice":"GroundRules: Original legal text. Not legal advice."}