Tex. Spec. Dist. Local Laws Code § 1023.305 · Subchapter G. DISSOLUTION
TRANSFER OR ADMINISTRATION OF ASSETS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If a majority of the votes in an election under this subchapter favor dissolution, the board shall:
(1) transfer the district's assets to Eastland County or another governmental entity in Eastland County; or
(2) administer the district's assets and debts until all assets have been disposed of and all district debts have been paid or settled.
(b) If the board makes the transfer under Subsection (a)(1), Eastland County or the governmental entity assumes all debts and obligations of the district at the time of the transfer, and the district is dissolved.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1023.htm
- Text hash
- sha256 191ff41f85e1e27703b1ff47d66ee2bde4fc72dc7726d4896e474a5fc1a9f30b
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.