Texas Special District Local Laws Code
Sec. § 8265.003
Confirmation Election Required

If the creation of the district is not confirmed at a confirmation election held under Section 8265.023 before September 1, 2011:

(1)

the district is dissolved September 1, 2011, except that the district shall:

pay any debts incurred;

transfer to Grayson County any assets that remain after the payment of debts; and

maintain the organization of the district until all debts are paid and remaining assets are transferred; and

this chapter expires September 1, 2014.

Added by Acts 2007, 80th Leg., R.S., Ch. 1129 (H.B. 4069), Sec. 3.01, eff. September 1, 2007.