Tex. Spec. Dist. Local Laws Code Section 1063.309
Transfer, Sale, or Administration of Assets if Election Initiated by District Petition

(a)

This section applies to an election called under Section 1063.301 (Dissolution Election; Petition)(b).

(b)

If a majority of the votes in the election favor dissolution, the board shall transfer the land, buildings, improvements, equipment, and other assets that belong to the district to Montgomery County not later than the 45th day after the date on which the election is held.

(c)

The county assumes all debts and obligations of the district at the time of the transfer, and the district is dissolved.

(d)

The county should use all transferred assets in a manner that benefits county residents residing in territory formerly constituting the district.

(e)

The county shall use all transferred assets to:

(1)

pay the outstanding debts and obligations of the district relating to the assets at the time of the transfer; or

(2)

provide medical and hospital care for needy county residents.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Source: Section 1063.309 — Transfer, Sale, or Administration of Assets if Election Initiated by District Petition, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1063.­htm#1063.­309 (accessed Jun. 5, 2024).

1063.001
Definitions 1063.002
Authority for Operation 1063.003
Essential Public Function 1063.004
District Territory 1063.005
District Support and Maintenance Not State Obligation 1063.006
Restriction on State Financial Assistance 1063.051
Board Election 1063.052
Qualifications for Office 1063.053
Ballot Petition 1063.054
Notice of Election 1063.055
Runoff Election 1063.056
Board Vacancy 1063.057
Officers 1063.058
Compensation 1063.059
Bond 1063.060
Voting Requirement 1063.061
Calling Meetings 1063.062
Chief Administrative Officer 1063.063
General Duties of Chief Administrative Officer 1063.064
Appointment of Staff and Employees 1063.065
Retirement Benefits 1063.101
District Responsibility 1063.102
Restriction on Political Subdivision Taxation and Debt 1063.103
Management, Control, and Administration 1063.104
Health Care or Hospital System 1063.105
Rules 1063.106
Purchasing and Accounting Procedures 1063.107
District Property, Facilities, and Equipment 1063.108
Takeover of Nonprofit Hospital Property 1063.109
Eminent Domain 1063.110
Cost of Relocating or Altering Property 1063.111
Gifts and Endowments 1063.112
Construction Contracts 1063.113
Operating and Management Contracts 1063.114
Contracts with Governmental Entities for Care and Treatment 1063.115
Contracts for Health Care Services 1063.116
Contracts with Governmental Entities for Investigatory or Other Services 1063.117
Payment for Treatment 1063.118
Nonprofit Corporation 1063.119
Authority to Sue and Be Sued 1063.151
Budget 1063.152
Notice 1063.153
Amendments to Budget 1063.154
Restriction on Expenditures 1063.155
Fiscal Year 1063.156
Audit 1063.157
Inspection of Audit and District Records 1063.158
Financial Report 1063.159
Depository 1063.160
Spending and Investment Restrictions 1063.201
General Obligation Bonds 1063.202
Tax to Pay General Obligation Bonds 1063.203
General Obligation Bond Election 1063.204
Maturity of General Obligation Bonds 1063.205
Execution of General Obligation Bonds 1063.206
Revenue Bonds 1063.207
Refunding Bonds 1063.208
Bonds Exempt from Taxation 1063.209
Tax Anticipation Notes 1063.210
Certificates of Obligation 1063.251
Imposition of Ad Valorem Tax 1063.252
Tax Rate 1063.253
Assessment and Collection by County Tax Assessor-collector 1063.254
Assessment and Collection by Appointment or Contract 1063.301
Dissolution Election 1063.302
Validity of Petition for Election 1063.303
Election Date 1063.304
Ballot 1063.305
Election Results 1063.306
Transfer, Sale, or Administration of Assets if Election Initiated by Board 1063.307
Imposition of Tax and Return of Surplus Taxes 1063.308
Report 1063.309
Transfer, Sale, or Administration of Assets if Election Initiated by District Petition 1063.1175
Additional Powers Related to Indigent Health Care
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 1063.309’s source at texas​.gov