Tex. Spec. Dist. Local Laws Code § 3953.253 · 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, subject to the appropriation and availability of funds, the obligations of the district, including any bonds or other debt payable from assessments or other district revenue.
(b) After the district is dissolved, the board shall transfer ownership of all district property to the city.
Notes and commentary — not statutory text
History
Added by Acts 2017, 85th Leg., R.S., Ch. 630 (H.B. 4297), Sec. 1, eff. June 12, 2017.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3953.htm
- Text hash
- sha256 176b01d9b900858781eba5a806904781eeb89855619a22ae3bbf12a1886bda8a
- 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.