Section 40528 Of Article 3. Surplus Property Authority From California Government Code >> Division 3. >> Title 4. >> Part 2. >> Chapter 19. >> Article 3.

. After adoption of an ordinance declaring there is no need for an authority to function, and while it is in effect, the legislative body may wind up the affairs of the authority and has title to all property of the authority for such purpose and for the benefit of the local agency.