Sec. 8245.003. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation election held under Section 8245.024 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 Montgomery 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. 578 (S.B. 1946), Sec. 1, eff. September 1, 2007.
Section: Previous 8245.001 8245.002 8245.003 8245.004 8245.021 8245.022 8245.023 8245.024 8245.025 8245.026 8245.051 8245.052 8245.101 8245.102 8245.103 NextLast modified: September 28, 2016