Tex. Spec. Dist. Local Laws Code Section 3874.254
Assumption of Assets and Liabilities

3874.001
Definitions 3874.002
Creation and Nature of District 3874.003
Purpose 3874.004
Findings of Benefit and Public Purpose 3874.005
District Territory 3874.006
Eligibility for Inclusion in Special Zones 3874.051
Governing Body 3874.052
Appointment of Directors: Board Meetings 3874.053
Qualifications of Directors Appointed by City 3874.054
Vacancy 3874.055
Director’s Oath or Affirmation 3874.056
Officers 3874.057
Compensation 3874.058
Conflicts of Interest 3874.101
General Powers and Duties 3874.102
Improvement Projects 3874.103
General Powers Regarding Contracts 3874.104
Rules 3874.105
Name Change 3874.106
Adding or Removing Territory 3874.107
Economic Development 3874.108
No Eminent Domain Power 3874.109
Terms of Employment 3874.110
Notice to Property Owners 3874.151
General Powers Regarding Financial Matters 3874.152
Borrowing Money 3874.153
Assessments 3874.154
Residential Property Exempt 3874.155
Maintenance and Operation Tax 3874.156
Use of Surplus Maintenance and Operation Money 3874.157
Bonds and Other Obligations 3874.158
Bond Maturity 3874.159
Taxes for Bonds and Other Obligations 3874.160
Development and Operating Agreement Required 3874.251
Dissolution by City Ordinance 3874.252
Collection of Assessments and Other Revenue 3874.253
Concurrence on Additional Powers 3874.254
Assumption of Assets and Liabilities