Tex. Spec. Dist. Local Laws Code Section 3906.351
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.

(b)

The board may dissolve the district regardless of whether the district has debt.

(c)

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 2011, 82nd Leg., R.S., Ch. 1269 (S.B. 1922), Sec. 1, eff. June 17, 2011.

Source: Section 3906.351 — Dissolution of District with Outstanding Debt, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3906.­htm#3906.­351 (accessed Jun. 5, 2024).

3906.001
Definitions 3906.002
Creation and Nature of District 3906.003
Purpose 3906.004
Findings of Benefit and Public Purpose 3906.005
District Territory 3906.006
Eligibility for Inclusion in Special Zones 3906.051
Governing Body 3906.052
Appointment of Directors 3906.053
Qualifications 3906.054
Affidavit and Abstention from Voting Required 3906.055
Removal of Directors 3906.056
Director’s Oath or Affirmation 3906.057
Officers 3906.058
Compensation 3906.059
Liability Insurance for Directors 3906.101
Improvement Projects 3906.102
Water District Powers 3906.103
Road District Powers 3906.104
Public Improvement District Powers 3906.105
Municipal Management District Powers 3906.106
Development Corporation Powers 3906.107
Nonprofit Corporation 3906.108
Agreements 3906.109
Law Enforcement Services 3906.110
Membership in Charitable Organizations 3906.111
Economic Development 3906.112
Parking Facilities 3906.113
Annexation or Exclusion of Land 3906.114
Limited Eminent Domain Power to Acquire Seawall 3906.151
Board Determination Required 3906.152
Location of Improvement Project 3906.153
Municipal Requirements 3906.154
Lake or Other Body of Water 3906.155
Water 3906.156
Roads 3906.157
Storm Water 3906.158
Education and Culture 3906.159
Convention Center 3906.160
Demolition 3906.161
Mitigation of Environmental Effects 3906.162
Acquisition of Property 3906.163
Special or Supplemental Services 3906.164
Miscellaneous Design, Construction, and Maintenance 3906.165
Similar Improvement Projects 3906.201
Borrowing Money 3906.202
General Powers Regarding Payment of District Bonds, Obligations, or Other Costs 3906.203
Assessments 3906.204
Notice of Assessment 3906.205
Storm Water User Charges 3906.206
Nonpotable Water User Charges 3906.207
Costs for Improvement Projects 3906.208
Residential Property Not Exempt 3906.251
Tax Abatement 3906.252
Property Tax Authorized 3906.253
Maintenance and Operation Tax 3906.254
Use of Surplus Maintenance and Operation Money 3906.255
Bonds and Other Obligations 3906.256
Issuance and Approval of Obligation Powers 3906.257
Bond Maturity 3906.258
Taxes for Bonds and Other Obligations 3906.259
Authority to Establish Defined Areas or Designated Property 3906.260
Notice of Tax 3906.301
District as Tax Increment Reinvestment Zone 3906.302
Board 3906.303
Base Year Value 3906.304
Interlocal Agreements Allowed 3906.305
Use of Money 3906.306
City Consent 3906.307
Restrictions on Area Not Applicable 3906.351
Dissolution of District with Outstanding Debt 3906.352
Collection of Assessments and Other Revenue 3906.353
Assumption of Assets and Liabilities
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3906.351’s source at texas​.gov