Tex. Spec. Dist. Local Laws Code Section 3869.203
Assumption of Assets and Liabilities


After the city dissolves the district, the city assumes, subject to the appropriation and availability of funds, the obligations of the district, including any bonds or other revenue.
Added by Acts 2009, 81st Leg., R.S., Ch. 888 (S.B. 2550), Sec. 1, eff. June 19, 2009.

Source: Section 3869.203 — Assumption of Assets and Liabilities, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3869.­htm#3869.­203 (accessed Apr. 29, 2024).

Accessed:
Apr. 29, 2024

§ 3869.203’s source at texas​.gov