Tex. Water Code § 51.801 · Subchapter P. DISSOLUTION OF DISTRICT
DESTROYING UNSOLD BONDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
If a majority of the electors at the election vote in favor of the dissolution of the district, the board shall destroy all unsold bonds of the district and enter an order cancelling all unissued and unsold bonds authorized by the electors. After the destruction and the entry of the order, the bonds shall have no further force or effect.
Notes and commentary — not statutory text
History
Acts 1971, 62nd Leg., p. 381, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.51.htm
- Text hash
- sha256 443e4e6af0316ac017c4421a508cfcc41470442db3774878ed4dcc17b1bdc0c6
- 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.