Sec. 3811.201. 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 3811.101 3811.102 3811.103 3811.104 3811.105 3811.151 3811.152 3811.153 3811.154 3811.155 3811.156 3811.157 3811.158 3811.159 3811.160Last modified: September 28, 2016