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a <br />B) there are no suits pending against the Authority, or <br />adequate provision has been made for the <br />satisfaction of any judgment, order or decree that <br />may be entered against it in any pending suit; and <br />C) the Authority has commitments from other <br />governmental entities to Assume jurisdiction of all <br />Authority transportation facilities. <br />(b) Involuntary Dissolution <br />(1) The Commission by Order may require an authority to <br />dissolve if the commission determines that the Authority <br />has not substantially complied with the requirements of <br />a Commission Rule or an agreement between the <br />department and the Authority. <br />(2) The Commission may not require dissolution unless: <br />A) The conditions described in §§ 44(A) and (B) have <br />been met; <br />And, <br />B) The holders of any indebtedness have evidenced <br />their agreement to the dissolution. <br />Considered and debated by the members of the Board of Directors of the Sulphur <br />River Regional Mobility Authority on a properly posted agenda item in open <br />session and approved by a vote of , on Wednesday, April 9, <br />2008. <br />Hon. Tanis Hager <br />Secretary <br />Adopted April 9, 2008 ? n f: >: 23 <br />Revisions: June 7, 2012; February 15, 2018 <br />