Tex. Spec. Dist. Local Laws Code Section 3892.301
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. The board may dissolve the district regardless of whether the district has debt.

(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. The dissolution is effective when all debts have been discharged.
Added by Acts 2009, 81st Leg., R.S., Ch. 1101 (H.B. 4828), Sec. 1, eff. June 19, 2009.

Source: Section 3892.301 — Dissolution of District with Outstanding Debt, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3892.­htm#3892.­301 (accessed Jun. 5, 2024).

3892.001
Definitions 3892.002
Harris County Improvement District No 3892.003
Purpose 3892.004
Findings of Benefit and Public Purpose 3892.005
District Territory 3892.006
Liberal Construction of Chapter 3892.051
Board of Directors 3892.052
Appointment of Directors on Increase in Board Size 3892.053
Nonvoting Directors 3892.054
Quorum 3892.055
Conflicts of Interest 3892.056
Compensation of Voting Directors 3892.101
District Powers 3892.102
Nonprofit Corporation 3892.103
Agreements 3892.104
Elections 3892.105
Contract for Law Enforcement and Security Services 3892.106
Annexation or Exclusion of Territory 3892.107
Approval by City of Houston 3892.108
Membership in Charitable Organizations 3892.109
Road Powers 3892.110
Air Rights 3892.111
Additional Property Rights 3892.112
No Eminent Domain Power 3892.151
Public Transit System 3892.152
Parking Facilities Authorized 3892.153
Rules 3892.154
Financing of Public Transit System or Parking Facilities 3892.155
Payment in Lieu of Taxes to Other Taxing Unit 3892.156
Agreement with Rapid Transit Authority 3892.201
Authority to Impose Assessments, Ad Valorem Taxes, and Impact Fees 3892.202
Disbursements and Transfers of Money 3892.203
Assessment in Part of District 3892.204
Petition Required for Assessment and for Financing Services and Improvements 3892.205
Maintenance Tax 3892.206
Assessments 3892.207
Property of Certain Utilities Exempt from Assessment and Impact Fees 3892.208
Use of Electrical or Optical Lines 3892.209
Bonds and Other Obligations 3892.210
Limits on Parks and Recreation Bonds 3892.211
Tax and Bond Elections 3892.212
Powers of Municipal Utility District to Establish Defined Areas and Designated Property 3892.213
Municipality Not Required to Pay District Obligations 3892.214
Competitive Bidding 3892.251
Consolidation with Municipal Management District 3892.252
Terms and Conditions for Consolidation 3892.253
Notice and Hearing on Consolidation 3892.254
Governing Consolidated Districts 3892.255
Debts of Original Districts 3892.256
Assessment and Collection of Taxes 3892.257
Filing of Order with County Clerk and Executive Director 3892.301
Dissolution of District with Outstanding Debt
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3892.301’s source at texas​.gov