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.