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 3806.159Last modified: September 28, 2016