Texas Special District Local Laws Code § 1015.308 Spending Restrictions

Sec. 1015.308. SPENDING RESTRICTIONS. After the effective date of the district's dissolution, the board may not spend any money except:

(1) as authorized by law; and

(2) as necessary to pay reasonable dissolution expenses and the district's legal debts incurred before that date.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Section: Previous  1015.205  1015.206  1015.207  1015.208  1015.251  1015.252  1015.253  1015.301  1015.302  1015.303  1015.304  1015.305  1015.306  1015.307  1015.308

Last modified: September 28, 2016