Sec. 3807.201. 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 obligations according to their terms.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Section: Previous 3807.053 3807.101 3807.102 3807.103 3807.104 3807.105 3807.151 3807.152 3807.153 3807.154 3807.155 3807.156 3807.157 3807.158 3807.159Last modified: September 28, 2016