(1) Each regional service area, created and operating under the law in effect before April 30, 2007, becomes on that date a service area, governed by and subject to Chapter 1, Provisions Applicable to All Local Districts, and this part.

(2) The change of an entity from a regional service area to a service area under Subsection (1) does not affect: (a) the entity's basic structure and operations or its nature as a body corporate and politic and a political subdivision of the state; (b) the ability of the entity to provide the service that the entity: (i) was authorized to provide before the change; and (ii) provided before the change; (c) the validity of the actions taken, bonds issued, or contracts or other obligations entered into by the entity before the change; (d) the ability of the entity to continue to impose and collect taxes, fees, and other charges for the service it provides; (e) the makeup of the board of trustees; (f) the entity's ownership of property acquired before the change; or (g) any other powers, rights, or obligations that the entity had before the change, except as modified by this part.

(a) the entity's basic structure and operations or its nature as a body corporate and politic and a political subdivision of the state;

(b) the ability of the entity to provide the service that the entity: (i) was authorized to provide before the change; and (ii) provided before the change;

(i) was authorized to provide before the change; and

(ii) provided before the change;

(c) the validity of the actions taken, bonds issued, or contracts or other obligations entered into by the entity before the change;

(d) the ability of the entity to continue to impose and collect taxes, fees, and other charges for the service it provides;

(e) the makeup of the board of trustees;

(f) the entity's ownership of property acquired before the change; or

(g) any other powers, rights, or obligations that the entity had before the change, except as modified by this part.