01-11-13: EARNINGS OF THE CORPORATION:

Any net earning of the corporation beyond those necessary for retirement of indebtedness incurred by it and those necessary for reimbursement of expenses to its directors and as provided by this article, shall inure annually, at the end of the corporation's fiscal year as fixed by the board of directors, to the county and not for the benefit of any other person. Alteration of the charter of or dissolution of or audits of the corporation shall be as provided by the act and by subsequent ordinances of the county. Upon dissolution of the corporation, title to all property owned by the corporation shall vest in the county. (Ord. 83-005, 6-30-83, eff. 7-6-83)