Tex. Spec. Dist. Local Laws Code Section 3830.201
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 3830.201 — Exception for Dissolution of District with Outstanding Debt, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3830.htm#3830.201 (accessed Jun. 5, 2024).

3830.001
Definitions 3830.002
Spring Branch Area Community Improvement District 3830.003
Purpose 3830.004
Findings of Benefit and Public Purpose 3830.005
District Territory 3830.006
Applicability of Other Law 3830.007
Liberal Construction of Chapter 3830.051
Composition 3830.052
Qualifications 3830.053
Appointment of Directors 3830.054
Conflicts of Interest 3830.055
Notice and Approval of Property Owners 3830.101
Additional Powers of District 3830.102
Nonprofit Corporation 3830.103
Agreements 3830.104
Law Enforcement Services 3830.105
Competitive Bidding 3830.106
Electronic Transmissions 3830.151
Disbursements or Transfers of Money 3830.152
Assessments 3830.153
Petition Required for Financing Services and Improvements 3830.154
Utility Property Exempt from Impact Fees and Assessments 3830.155
Bonds and Other Obligations 3830.201
Exception for Dissolution of District with Outstanding Debt

Up to date

Accessed:
Jun. 5, 2024

§ 3830.201’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_3830.201

Original Source: Section 3830.201 — Exception for Dissolution of District with Outstanding Debt, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3830.htm#3830.201 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 3830.201 Exception for Dissolution of District with Outstanding Debt

(a)

(b)

Tex. Spec. Dist. Local Laws Code Section 3830.201
Exception for Dissolution of District with Outstanding Debt