§8-15-6. Dissolution of volunteer fire company.
Whenever the governing body shall ascertain that such company
has failed, for three months successively, to consist of twenty
effective members, or shall ascertain that it has failed for a like
period of time to have and keep in good, serviceable condition an
engine, hose or other proper equipment, such governing body shall
declare such failure and by order dissolve the company.
Whenever a company is dissolved, the order of dissolution
shall be recorded in the office of the clerk of the county court of
the county wherein such municipality or the major portion of the
territory thereof is located.