Texas Special District Local Laws Code § 3815.201 Dissolution Of District With Outstanding Debt

Sec. 3815.201. 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  3815.101  3815.102  3815.103  3815.104  3815.105  3815.106  3815.151  3815.152  3815.153  3815.154  3815.155  3815.156  3815.157  3815.158  3815.159

Last modified: September 28, 2016