Tex. Spec. Dist. Local Laws Code Section 3819.201
Exception for Dissolution of District with Outstanding Debt

(a)

The board may vote to dissolve a district that has debt. If the vote is in favor of dissolution, the district shall remain in existence solely for the limited purpose of discharging its debts. The dissolution is effective when all debts have been discharged.

(b)

Section 375.264 (Limitations on Dissolution by Board of District with Debt), Local Government Code, does not apply to the district.

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.03, eff. April 1, 2007.

Source: Section 3819.201 — Exception for Dissolution of District with Outstanding Debt, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3819.htm#3819.201 (accessed Jun. 5, 2024).

3819.001
Definitions 3819.002
Baybrook Management District 3819.003
Purpose 3819.004
Findings of Benefit and Public Purpose 3819.005
District Territory 3819.006
Eligibility for Inclusion in Special Zones 3819.007
Applicability of Other Law 3819.008
Liberal Construction of Chapter 3819.051
Composition 3819.052
Appointment of Directors 3819.053
Nonvoting Directors 3819.054
Conflicts of Interest 3819.101
Additional Powers of District 3819.102
Nonprofit Corporation 3819.103
Agreements 3819.104
Law Enforcement Services 3819.105
Competitive Bidding 3819.106
Membership in Charitable Organizations 3819.107
Economic Development Programs 3819.108
Municipal Approval 3819.151
Disbursements or Transfers of Money 3819.152
Tax and Bond Elections 3819.153
Maintenance and Operation Tax 3819.154
Assessments 3819.155
Petition Required for Financing Services and Improvements 3819.156
Utility Property Exempt from Impact Fees and Assessments 3819.157
Bonds and Other Obligations 3819.158
Municipality Not Required to Pay District Obligations 3819.159
Tax and Assessment Abatements 3819.201
Exception for Dissolution of District with Outstanding Debt

Accessed:
Jun. 5, 2024

§ 3819.201’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_3819.201

Original Source: Section 3819.201 — Exception for Dissolution of District with Outstanding Debt, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3819.htm#3819.201 (last accessed Jun. 5, 2024).