Sec. 8139.003. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation election held under Section 8139.024 before September 1, 2007:
(1) the district is dissolved September 1, 2007, except that:
(A) any debts incurred shall be paid;
(B) any assets that remain after the payment of debts shall be transferred to Tarrant County; and
(C) the organization of the district shall be maintained until all debts are paid and remaining assets are transferred; and
(2) this chapter expires September 1, 2010.
Added by Acts 2005, 79th Leg., Ch. 1329 (H.B. 3530), Sec. 1, eff. June 18, 2005.
Section: Previous 8139.001 8139.002 8139.003 8139.004 8139.051 8139.052 8139.101 8139.102 8139.103 8139.104 8139.151 NextLast modified: September 28, 2016