Sec. 8231.003. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation election held under Section 8231.022 before September 1, 2011:
(1) the district is dissolved September 1, 2011, except that:
(A) any debts incurred shall be paid;
(B) any assets that remain after the payment of debts shall be transferred to Calhoun 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, 2014.
Added by Acts 2007, 80th Leg., R.S., Ch. 587 (S.B. 1990), Sec. 1, eff. June 16, 2007.
Section: Previous 8231.001 8231.002 8231.003 8231.004 8231.021 8231.022 8231.023 8231.024 8231.051 8231.101 NextLast modified: September 28, 2016