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Section 8269.003. Confirmation Election Required

TX Spec Dist Code § 8269.003 (2019) (N/A)
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Sec. 8269.003. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation election held under Section 8269.023 before September 1, 2015:

(1) the district is dissolved September 1, 2015, except that the district shall:

(A) pay any debts incurred;

(B) transfer to Montgomery County any assets 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, 2016.

Added by Acts 2007, 80th Leg., R.S., Ch. 1132 (H.B. 4079), Sec. 1, eff. June 15, 2007.

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Section 8269.004. Findings of Benefit and Public Purpose