Section 8132.003. Confirmation Election Required

TX Spec Dist Code § 8132.003 (2019) (N/A)
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Sec. 8132.003. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation election held under Section 8132.023 before September 1, 2017:

(1) the district is dissolved September 1, 2017, except that:

(A) any debts incurred shall be paid;

(B) any assets that remain after the payment of debts shall be transferred to Williamson County; and

(C) the organization of the district shall be maintained until all debts are paid and remaining assets are transferred; and

(2) this chapter expires September 1, 2020.

Added by Acts 2005, 79th Leg., Ch. 1333 (H.B. 3549), Sec. 1, eff. September 1, 2005.

Amended by:

Acts 2009, 81st Leg., R.S., Ch. 1075 (H.B. 4748), Sec. 1, eff. June 19, 2009.

Acts 2013, 83rd Leg., R.S., Ch. 721 (H.B. 3932), Sec. 1, eff. June 14, 2013.