Tex. Spec. Dist. Local Laws Code Section 3871.254
Assumption of Assets and Liabilities

3871.001
Definitions 3871.002
Creation and Nature of District 3871.003
Purpose 3871.004
Findings of Benefit and Public Purpose 3871.005
District Territory 3871.006
Eligibility for Inclusion in Special Zones 3871.051
Governing Body 3871.052
Appointment of Directors: Board Meetings 3871.053
Qualifications of Directors 3871.054
Vacancy 3871.055
Director’s Oath or Affirmation 3871.056
Officers 3871.057
Compensation 3871.058
Conflicts of Interest 3871.101
General Powers and Duties 3871.102
Improvement Projects 3871.103
General Powers Regarding Contracts 3871.104
Rules 3871.105
Name Change 3871.106
Adding or Removing Territory 3871.107
Economic Development 3871.108
No Eminent Domain Power 3871.109
Terms of Employment 3871.110
Notice to Property Owners 3871.151
General Powers Regarding Financial Matters 3871.152
Borrowing Money 3871.153
Assessments 3871.154
Residential Property Exempt 3871.155
Maintenance and Operation Tax 3871.156
Use of Surplus Maintenance and Operation Money 3871.157
Bonds and Other Obligations 3871.158
Bond Maturity 3871.159
Taxes for Bonds and Other Obligations 3871.160
Development and Operating Agreement Required 3871.251
Dissolution by City Ordinance 3871.252
Collection of Assessments and Other Revenue 3871.253
Concurrence on Additional Powers 3871.254
Assumption of Assets and Liabilities