Tex. Loc. Gov't Code § 375.314

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 375.314 - Dissolution of the Authority

(a) The governing body of the municipality that created an authority under this subchapter may dissolve the authority.

(b) Before dissolution, the municipality shall publish notice and hold public hearings on the proposed dissolution in the manner provided in Section 375.305.

(c) On dissolution, the municipality shall assume the assets, debts, and other obligations of the authority.

(d) Subchapter M does not apply to this subchapter.

Tex. Loc. Gov't. Code § 375.314

Added by Acts 2003, 78th Leg., ch. 961, Sec. 1, eff. 6/20/2003.