Tex. Spec. Dist. Local Laws Code Section 3843.251
Dissolution of District with Outstanding Debt


(a)

The district may be dissolved as provided by Subchapter M (Dissolution by Board Vote), Chapter 375 (Municipal Management Districts in General), Local Government Code, except that 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 bonds or other obligations according to their terms.
Added by Acts 2005, 79th Leg., Ch. 769 (H.B. 3518), Sec. 1, eff. June 17, 2005.

Source: Section 3843.251 — Dissolution of District with Outstanding Debt, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3843.­htm#3843.­251 (accessed Apr. 20, 2024).

Accessed:
Apr. 20, 2024

§ 3843.251’s source at texas​.gov