Tex. Spec. Dist. Local Laws Code § 3861.253 · Subchapter F. DISSOLUTION
ASSUMPTION OF ASSETS AND LIABILITIES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) After the city dissolves the district, the city assumes the obligations of the district, including any bonds or other indebtedness payable from assessments or other district revenue.
(b) If the city dissolves the district, the board shall transfer ownership of all district property to the city.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 531 (S.B. 919), Sec. 1, eff. June 16, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3861.htm
- Text hash
- sha256 cfbd750fb0f7d59a9e6da74dad1b0b6e75491b4cabef1151d6825d1c711dc4bf
- 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.