Tex. Spec. Dists. Code § 3906.353

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

Section 3906.353 - Assumption of Assets and Liabilities

If the city dissolves the district:

(1) the city assumes the obligations of the district, including any bonds or other debt payable from assessments or other district revenue; and

(2) the board shall transfer ownership of all district property to the city.

Tex. Spec. Dist. Loc. Laws § 3906.353

Added by Acts 2011, 82nd Leg., R.S., Ch. 1269, Sec. 1, eff. 6/17/2011.