Sec. 66.404. EFFECT OF COMMISSION ORDER. On the issuance of the order of dissolution by the commission, the dissolved district ceases to exist as a governmental entity, and the board shall continue in existence only for the purpose of transferring district funds and disposing of district assets.
Added by Acts 1985, 69th Leg., ch. 734, Sec. 1, eff. Sept. 1, 1985.
Section: Previous 66.314 66.315 66.316 66.317 66.318 66.319 66.320 66.321 66.322 66.324 66.325 66.326 66.401 66.402 66.403Last modified: September 28, 2016