Tex.
Agric. Code Section 74.127
Sunset Provision
(a)
The board of directors of the official cotton growers’ boll weevil eradication foundation is subject to Chapter 325 (Sunset Law), Government Code (Texas Sunset Act). Unless continued in existence as provided by that chapter, the board is abolished September 1, 2035.(b)
The commissioner may order the dissolution of the foundation at any time the commissioner determines that the purposes of this subchapter have been fulfilled or that the foundation is inoperative and abandoned. Dissolution shall be conducted in accordance with Section 74.112 (Discontinuation of Program and Foundation and Disposition of Funds on Discontinuance) of this code.(c)
If the foundation is abolished or the program discontinued for any reason, assessments approved, levied, or otherwise collectible on the date of abolishment remain valid as necessary to pay the financial obligations of the foundation.
Source:
Section 74.127 — Sunset Provision, https://statutes.capitol.texas.gov/Docs/AG/htm/AG.74.htm#74.127
(accessed Jun. 5, 2024).