Tex. Spec. Dist. Local Laws Code Section 3852.201
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.
Added by Acts 2005, 79th Leg., Ch. 447 (S.B. 1836), Sec. 1, eff. June 17, 2005.

Source: Section 3852.201 — Dissolution of District with Outstanding Debt, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3852.­htm#3852.­201 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 3852.201’s source at texas​.gov