| (a) A RUD may file a petition with the commission setting forth
grounds for its dissolution.
(b) A request for dissolution shall include a certified financial
statement and an auditor's opinion that all bonds have been paid in full.
(c) The RUD shall file any additional information requested
by the commission.
(d) In considering the dissolution of a RUD, the commission
will consider all relevant factors. At a minimum, the commission will consider
the needs of the traveling public, the rights of third parties, and the interests
of local political subdivisions, including those who do not fall under the
definition of governmental entity in this subchapter.
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