Sec. 7222.0103. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation and initial directors' election held before September 1, 2022:
(1) the district is dissolved on September 1, 2022, except that the district shall:
(A) pay any debts incurred;
(B) transfer to Caldwell or Hays County, as appropriate, any assets of the district that remain after the payment of debts; and
(C) maintain the organization of the district until all debts are paid and remaining assets are transferred; and
(2) this chapter expires September 1, 2023.
Added by Acts 2019, 86th Leg., R.S., Ch. 559 (S.B. 1422), Sec. 1, eff. June 10, 2019.
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