Tex. Local Gov't Code Section 383.123
Dissolution of District on Agreement with Municipality

A district may be dissolved by agreement between the governing body of a municipality and the board if all of the territory in the district is located in or is annexed by the municipality. The agreement shall require the municipality to acquire all of the money, property, and other assets of the district and assume all contracts, debts, bonds, and other obligations of the district, and the municipality shall be bound in the same manner and to the same extent that the district was bound with respect to those contracts, debts, bonds, and other obligations. On dissolution of the district, the taxes levied by the district are abolished.
Added by Acts 1995, 74th Leg., ch. 995, Sec. 5, eff. Sept. 1, 1995. Renumbered from Tax Code Sec. 312.640 and amended by Acts 1997, 75th Leg., ch. 165, Sec. 23.05, eff. Sept. 1, 1997.

Source: Section 383.123 — Dissolution of District on Agreement with Municipality, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­383.­htm#383.­123 (accessed Jun. 5, 2024).

383.001
Short Title 383.002
Legislative Intent 383.003
Findings 383.004
Definitions 383.005
Governmental Agency 383.021
Counties Authorized to Create Districts 383.022
Petition of Landowners 383.023
Contents of Petition 383.024
Commission Hearing 383.025
Notice of Hearing 383.026
Hearing 383.027
Granting or Refusing Petition 383.028
Temporary Directors 383.029
Qualification of Temporary Directors 383.030
Confirmation and Sales and Use Tax Election 383.031
Election Order 383.032
Notice 383.033
Conduct of Election 383.034
Results of Election 383.041
Board of Directors 383.042
Qualifications of Director 383.043
Persons Disqualified to Serve 383.044
Removal of Director 383.045
Board Vacancy 383.046
Director’s Compensation 383.047
Officers 383.048
Quorum 383.049
Bylaws 383.050
Management of District 383.051
Director Interested in Contract 383.052
District Office 383.053
Meetings and Notice 383.061
General Powers of District 383.062
Suits 383.063
Eminent Domain 383.064
Expenditures 383.065
Purposes for Borrowing Money 383.066
Repayment of Organizational Expenses 383.081
Issuance of Bonds 383.082
Manner of Repayment of Bonds 383.083
Use of Bond Proceeds 383.084
Adding and Excluding Land from the District 383.101
Sales and Use Tax 383.102
Imposition, Computation, Administration, and Governance of Tax 383.103
Tax Rates 383.104
Abolition of or Change in Tax Rate 383.105
Use of Tax 383.106
Limitation on Adoption of Tax 383.111
Competitive Bidding 383.112
Exemption 383.121
Dissolution of District 383.122
Dissolution by Order of Commissioners Court 383.123
Dissolution of District on Agreement with Municipality
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 383.123’s source at texas​.gov