Texas Special District Local Laws Code § 3806.201 Dissolution Of District With Outstanding Debt

Sec. 3806.201. DISSOLUTION OF DISTRICT WITH OUTSTANDING DEBT. If the district has debt when it is dissolved, the district shall remain in existence solely for the purpose of discharging its bonds or other obligations according to their terms.

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Section: Previous  3806.051  3806.052  3806.101  3806.103  3806.104  3806.105  3806.151  3806.152  3806.153  3806.154  3806.155  3806.156  3806.157  3806.158  3806.159

Last modified: September 28, 2016