Section 1023.301 - Dissolution; Election(a) The district may be dissolved and the district's assets and liabilities sold or transferred to another person only on approval of a majority of the district voters voting at an election held for that purpose.(b) A majority of the directors may order an election to dissolve the district and transfer its assets and liabilities.(c) The board shall order an election if the board receives a petition requesting an election that is signed by at least 15 percent of the registered voters in the district, according to the most recent official list of registered voters.(c-1) The election shall be called not later than the 60th day after the date the petition is presented to the district.(d) The order calling the election must state:(1) the nature of the election, including the proposition to appear on the ballot;(2) the date of the election;(3) the hours during which the polls will be open; and(4) the location of the polling places.(e) Section 41.001(a), Election Code, does not apply to an election ordered under this section.Tex. Spec. Dist. Loc. Laws § 1023.301
Amended By Acts 2009, 81st Leg., R.S., Ch. 87, Sec. 21.003, eff. 9/1/2009.Added by Acts 2007, 80th Leg., R.S., Ch. 920, Sec. 1.02, eff. 4/1/2009.