Tex. Transp. Code Section 370.333
Voluntary Dissolution of Authority Governed by Governing Body of Municipality

In addition to the requirements of Section 370.331 (Voluntary Dissolution), an authority governed under Section 370.2511 (Board of Directors: Certain Authorities) may not be dissolved unless:

(1)

the dissolution is approved by a vote of at least two-thirds of the members of the governing body;

(2)

all debts, obligations, and liabilities of the authority have been paid and discharged or adequate provision has been made for the payment of all debts, obligations, and liabilities;

(3)

there are no suits pending against the authority, or adequate provision has been made for the satisfaction of any judgment, order, or decree that may be entered against it in any pending suit; and

(4)

the authority has commitments from other governmental entities to assume jurisdiction of all authority transportation facilities.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1279 (H.B. 1112), Sec. 16, eff. June 17, 2011.

Source: Section 370.333 — Voluntary Dissolution of Authority Governed by Governing Body of Municipality, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­370.­htm#370.­333 (accessed Jun. 5, 2024).

370.001
Short Title 370.003
Definitions 370.004
Construction Costs Defined 370.031
Creation of a Regional Mobility Authority 370.032
Nature of Regional Mobility Authority 370.033
General Powers 370.034
Establishment of Transportation Systems 370.036
Transfer of Bonded Turnpike Project to Department 370.037
Transfer of Ferry Connecting State Highways 370.038
Commission Rules 370.039
Transfer of Transportation Project or System 370.071
Expenditures for Feasibility Studies 370.072
Feasibility Study Fund 370.073
Feasibility Study by Municipality, County, Other Governmental Entity, or Private Group 370.111
Transportation Revenue Bonds 370.112
Interim Bonds 370.113
Payment of Bonds 370.114
Effect of Lien 370.115
Bond Indenture 370.116
Approval of Bonds by Attorney General 370.117
Furnishing of Indemnifying Bonds or Pledges of Securities 370.118
Applicability of Other Law 370.161
Transportation Projects Extending into Other Counties 370.162
Powers and Procedures of Authority in Acquiring Property 370.163
Acquisition of Property 370.164
Declaration of Taking 370.165
Possession of Property 370.166
Participation Payment for Real Property 370.167
Severance of Real Property 370.168
Acquisition of Rights in Public Real Property 370.169
Compensation for and Restoration of Public Property 370.170
Public Utility Facilities 370.171
Lease, Sale, or Conveyance of Transportation Project 370.172
Revenue 370.173
Authority Revolving Fund 370.174
Use of Surplus Revenue 370.175
Exemption from Taxation or Assessment 370.176
Actions Affecting Existing Roads 370.177
Failure or Refusal to Pay Turnpike Project Toll 370.178
Use and Return of Transponders 370.179
Controlled Access to Turnpike Projects 370.180
Promotion of Transportation Project 370.181
Operation of Transportation Project 370.182
Audit 370.183
Disadvantaged Businesses 370.184
Procurement 370.185
Competitive Bidding 370.186
Contracts with Governmental Entities 370.187
Project Approval 370.188
Environmental Review of Authority Projects 370.189
Department Maintenance and Operation 370.190
Property of Certain Transportation Authorities 370.191
Commercial Transportation Processing Systems 370.192
Property of Rapid Transit Authorities 370.193
Priority Boarding of Ferry 370.251
Board of Directors 370.252
Prohibited Conduct for Directors and Employees 370.253
Surety Bonds 370.254
Removal of Director 370.255
Compensation of Director 370.256
Evidence of Authority Actions 370.257
Public Access 370.258
Indemnification 370.259
Purchase of Liability Insurance 370.260
Certain Contracts and Sales Prohibited 370.261
Strategic Plans and Annual Reports 370.262
Meetings by Telephone Conference Call 370.301
Department Contributions to Turnpike Projects 370.302
Agreements to Construct, Maintain, and Operate Transportation Projects 370.303
Agreements Between Authority and Governmental Entities 370.304
Additional Agreements of Authority 370.305
Comprehensive Development Agreements 370.306
Process for Entering into Comprehensive Development Agreements 370.307
Confidentiality of Negotiations for Comprehensive Development Agreements 370.308
Performance and Payment Security 370.309
Ownership of Transportation Projects 370.310
Liability for Private Obligations 370.0311
Certain Municipalities 370.311
Terms of Private Participation 370.312
Rules, Procedures, and Guidelines Governing Negotiating Process 370.313
Participation on Certain Other Boards, Commissions, or Public Bodies 370.0315
Addition and Withdrawal of Counties 370.315
Performance and Payment Bonds and Security 370.317
Agreements with Local Governments 370.331
Voluntary Dissolution 370.332
Involuntary Dissolution 370.333
Voluntary Dissolution of Authority Governed by Governing Body of Municipality 370.351
Transit Systems 370.352
Public Hearing on Fare and Service Changes 370.353
Public Hearing on Fare and Service Changes: Exceptions 370.354
Notice of Hearing on Fare or Service Change 370.355
Criminal Penalties 370.361
Transfer of Transit Systems 370.362
Sales and Use Tax 370.363
Maximum Tax Rate 370.364
Election to Change Tax Rate 370.365
Sales Tax: Effective Dates 370.401
Scope of and Limitations on Contracts 370.402
Definitions 370.403
Use of Engineer or Engineering Firm 370.404
Other Professional Services 370.405
Request for Qualifications 370.406
Request for Detailed Proposals 370.407
Negotiation 370.408
Assumption of Risks 370.409
Stipend Amount for Unsuccessful Proposers 370.410
Performance and Payment Bond 370.1911
Commercial Transportation Processing Systems at Inspection Facilities at Interstate Borders 370.2511
Board of Directors: Certain Authorities 370.2515
Board Composition Proposal by Turnpike Authority 370.2521
Filing of Financial Statement by Director 370.2522
Applicability of Conflicts of Interest Law to Directors 370.2523
Applicability of Nepotism Laws 370.4075
Changes to Design-build Team
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 370.333’s source at texas​.gov