Sec. 8128.101. DIVISION OF DISTRICT; REQUIREMENTS. (a) At any time before the district issues indebtedness secured by taxes or net revenues, the district, including any annexed territory, may be divided into two or more new districts.
(b) A new district created by division of the district must be at least 100 acres.
(c) The board by resolution may declare an intent to divide the district. The resolution must:
(1) set the terms of the division, including a plan for the payment or performance of any outstanding district obligations; and
(2) contain a metes and bounds description for each new district.
Added by Acts 2005, 79th Leg., Ch. 445 (S.B. 1823), Sec. 1, eff. September 1, 2005.
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