French General Code of Local Authorities
In forceI. - In the event of the dissolution of a public establishment for cultural or environmental cooperation, the board of directors shall meet no later than 30 June of the year following the dissolution, in order to vote on the administrative account and to set the terms and conditions for the devolution of the establishment's assets and liabilities.
The member local authorities of the dissolved establishment shall adjust their results for the takeover of the results of the dissolved establishment, by budgetary deliberation, in accordance with the establishment's liquidation order. Details of the non-budgetary operations justifying this takeover are appended to the budget for the takeover of the results.
The members' accounting officers include the assets and liabilities in their accounts on the basis of a copy of the prefectoral order for dissolution and the dissolved establishment's exit balance sheet.
II. - If the administrative account has not been adopted or the liquidation determined by the board of directors by 30 June of the year following the dissolution, the State representative appoints a liquidator who has the status of authorising officer and is placed under his responsibility. If necessary, the liquidator shall dispose of the assets and distribute the balances of the assets and liabilities. The liquidation and accounts are approved by the Prefect.
III. - The following may not be appointed as liquidators:
a) Members of the deliberative body or staff of either the public establishment for cultural or environmental cooperation or the local authorities that are members;
b) Accountants and persons involved in budgetary control and legality control of either the public establishment for cultural or environmental cooperation or the local authorities that are members;
c) Magistrates of the administrative and financial courts within whose jurisdiction the public establishment for cultural or environmental cooperation has its registered office.
