Sec. 335.153. ASSETS AND LIABILITIES. (a) The assets and liabilities of a district dissolved under this subchapter shall be transferred to the county in which the district is located.
(b) After payment of district liabilities, the county shall use the district assets that remain for an approved venue project of the county.
Added by Acts 2011, 82nd Leg., R.S., Ch. 951 (H.B. 1040), Sec. 2, eff. June 17, 2011.
Section: Previous 335.077 335.078 335.101 335.102 335.103 335.104 335.105 335.106 335.107 335.108 335.1085 335.109 335.110 335.151 335.152Last modified: September 28, 2016