Tex. Spec. Dist. Local Laws Code Section 3805.201
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.

(b)

Regardless of Section 375.264 (Limitations on Dissolution by Board of District with Debt), Local Government Code, if the district has debt, the district may be dissolved as provided by Subchapter M (Dissolution by Board Vote), Chapter 375 (Municipal Management Districts in General), Local Government Code. 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.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Source: Section 3805.201 — Dissolution of District with Outstanding Debt, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3805.­htm#3805.­201 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 3805.201’s source at texas​.gov