Tex. Spec. Dists. Code § 3817.201

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

Section 3817.201 - Dissolution of District With Outstanding Debt

(a) The board may dissolve the district regardless of whether the district has debt. Section 375.264, Local Government Code, does not apply to the district.

(b) If the district has debt when it is dissolved, the district shall remain in existence solely for the purpose of discharging its debts. The dissolution is effective when all debts have been discharged.

Tex. Spec. Dist. Loc. Laws § 3817.201

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. 4/1/2005.