Article L5211-25-1 of the French General Code of Local Authorities
In the event of withdrawal of the competence transferred to a public establishment of inter-municipal cooperation: 1° The movable and immovable assets made available to the establishment benefiting from the transfer of competence are returned to the communes previously competent and reintegrated into their assets at their net book value, with the additions made to these assets liquidated on the same basis. The balance of the outstanding debt transferred relating…