Sec. 3892.252. TERMS AND CONDITIONS FOR CONSOLIDATION. Not later than the 30th day after districts are consolidated under Section 3892.251, the districts shall enter into an agreement specifying the terms and conditions for consolidation. The terms and conditions for consolidation must include:
(1) adoption of a name for the consolidated district;
(2) the number and apportionment of directors to serve on the board of the consolidated district;
(3) the effective date of the consolidation;
(4) an agreement on finances for the consolidated district, including disposition of funds, property, and other assets of each district; and
(5) an agreement on governing the districts during the transition period, including selection of officers.
Added by Acts 2009, 81st Leg., R.S., Ch. 1101 (H.B. 4828), Sec. 1, eff. June 19, 2009.
Section: Previous 3892.207 3892.208 3892.209 3892.210 3892.211 3892.212 3892.213 3892.214 3892.251 3892.252 3892.253 3892.254 3892.255 3892.256 3892.257 NextLast modified: September 28, 2016