§ 1622. Dissolution of consolidated assessing unit. 1. Any constituent
municipality may withdraw from the consolidated assessing unit by local
law, provided that such withdrawal shall be effective no sooner than one
year after the date on which such local law shall have been filed with
the department of state.

2. Upon the adoption of a local law of withdrawal by any constituent
municipality, the consolidated assessing unit shall be dissolved sixty
days after the filing and completion of the next ensuing final
assessment roll. In order for the remaining cities and towns to remain
eligible for the benefits of this article thereafter, a new consolidated
assessing unit must be created in the manner prescribed by this article.