Tex. Water Code Section 59.053
Dissolution of District Before Issuance of Bonds


(a)

If the board considers it advisable before the issuance of any bonds, the board may dissolve the district and liquidate the affairs of the district as provided by Sections 54.734 (Dissolution of District Prior to Issuance of Bonds) through 54.738 (Judicial Review of Board’s Order).

(b)

If a majority of the board finds at any time before the authorization of bonds that the proposed district and its proposed activities are for any reason impracticable or apparently cannot be successfully and beneficially accomplished, the board may issue notice of a hearing on a proposal to dissolve the district.
Added by Acts 1995, 74th Leg., ch. 715, Sec. 3, eff. Sept. 1, 1995.

Source: Section 59.053 — Dissolution of District Before Issuance of Bonds, https://statutes.­capitol.­texas.­gov/Docs/WA/htm/WA.­59.­htm#59.­053 (accessed Apr. 20, 2024).

Accessed:
Apr. 20, 2024

§ 59.053’s source at texas​.gov