Texas Special District Local Laws Code § 3869.203 Assumption Of Assets And Liabilities

Sec. 3869.203. ASSUMPTION OF ASSETS AND LIABILITIES. After the city dissolves the district, the city assumes, subject to the appropriation and availability of funds, the obligations of the district, including any bonds or other revenue.

Added by Acts 2009, 81st Leg., R.S., Ch. 888 (S.B. 2550), Sec. 1, eff. June 19, 2009.

Section: Previous  3869.108  3869.109  3869.110  3869.151  3869.152  3869.153  3869.154  3869.155  3869.156  3869.157  3869.158  3869.159  3869.160  3869.201  3869.202

Last modified: September 28, 2016