Tex. Spec. Dist. Local Laws Code Section 1033.304
Transfer of District Assets

(a)

If a majority of the votes in the election favor dissolution and transfer of the district’s assets and obligations, the board shall transfer to the governmental entity specified in the election order the land, buildings, improvements, equipment, and other assets that belong to the district.

(b)

The governmental entity assumes all debts and obligations of the district at the time of the transfer.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Section 1033.304 — Transfer of District Assets, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1033.htm#1033.304 (accessed Dec. 2, 2023).

1033.001
Definitions 1033.002
Authority for Creation 1033.003
District Territory 1033.004
District Support and Maintenance Not State Obligation 1033.005
Restriction on State Financial Assistance 1033.051
Board Election 1033.052
Qualifications for Office 1033.053
Bond 1033.054
Board Vacancy 1033.055
Officers 1033.056
Compensation 1033.057
District Administrator 1033.058
Employees 1033.059
Maintenance of Records 1033.101
District Responsibility 1033.102
Restriction on Political Subdivision Taxation and Debt 1033.103
Management and Control of District 1033.104
Hospital System 1033.105
Rules 1033.106
Purchasing and Accounting Procedures 1033.107
Eminent Domain 1033.108
Gifts and Endowments 1033.109
Contracts with Political Subdivisions for Hospital Care 1033.110
Payment for Treatment 1033.151
Budget 1033.152
Proposed Budget 1033.153
Fiscal Year 1033.154
Annual Audit 1033.155
Depository 1033.201
Bonds 1033.202
Tax to Pay Bonds 1033.203
Bond Election 1033.204
Maturity of Bonds 1033.205
Execution of Bonds 1033.251
Imposition of Ad Valorem Tax 1033.252
Tax Rate 1033.253
Tax Assessor and Collector 1033.301
Dissolution 1033.302
Ballot 1033.303
Election Results 1033.304
Transfer of District Assets

Accessed:
Dec. 2, 2023

§ 1033.304’s source at texas.gov

Stay Connected

Join thousands of people who receive monthly site updates.

Get Legal Help

The State Bar of Texas runs a service for finding an attorney in good standing. Initial consultations are usually free or discounted: Lawyer Referral & Information Service (LRIS)

Committed to Public Service

We will always provide free access to the current law. In addition, we provide special support for non-profit, educational, and government users. Through social entrepreneurship, we’re lowering the cost of legal services and increasing citizen access.

Navigate

California:	Codes
Colorado:	C.R.S.
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_1033.304

Original Source: Section 1033.304 — Transfer of District Assets, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1033.htm#1033.304 (last accessed Dec. 2, 2023).