Tex. Spec. Dist. Local Laws Code Section 3814.201
Dissolution of District with Outstanding Debt

(a)

The board may dissolve the district regardless of whether the district has debt. Section 375.264 (Limitations on Dissolution by Board of District with Debt), Local Government Code, does not apply to the district.

(b)

If the district has debt when it is dissolved, the district shall remain in existence solely for the purpose of discharging its debts. The dissolution is effective when all debts have been discharged.

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Source: Section 3814.201 — Dissolution of District with Outstanding Debt, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3814.htm#3814.201 (accessed May 4, 2024).

3814.001
Definitions 3814.002
Harris County Improvement District No 3814.003
Purpose 3814.004
Findings of Benefit and Public Purpose 3814.005
District Territory 3814.006
Applicability of Other Law 3814.007
Liberal Construction of Chapter 3814.051
Board of Directors 3814.052
Appointment of Voting Directors 3814.053
Nonvoting Directors 3814.054
Terms 3814.0055
Eligibility for Inclusion in Special Zones 3814.056
Conflicts of Interest 3814.101
Additional Powers of District 3814.102
Nonprofit Corporation 3814.103
Agreements 3814.104
Authority to Contract for Law Enforcement 3814.105
Competitive Bidding 3814.106
Approval by City of Houston 3814.107
Electronic Transmissions 3814.108
No Eminent Domain Power 3814.109
Economic Development Program 3814.151
Petition Required for Financing Services and Improvements with Assessments 3814.152
Disbursements and Transfers of Money 3814.153
Maintenance Tax 3814.154
Assessments 3814.155
Utility Property Exempt from Impact Fees and Assessments 3814.156
Obligations 3814.157
Municipality Not Required to Pay District Obligations 3814.158
Elections Regarding Taxes or Bonds 3814.159
Tax and Assessment Abatements 3814.201
Dissolution of District with Outstanding Debt

Accessed:
May 4, 2024

§ 3814.201’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_3814.201

Original Source: Section 3814.201 — Dissolution of District with Outstanding Debt, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3814.htm#3814.201 (last accessed May 4, 2024).