Texas Special District Local Laws Code § 8251.004 Confirmation Election Required

Sec. 8251.004. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation election held under Section 8251.024 before September 1, 2009:

(1) the district shall, as soon as it reasonably knows the district will not be confirmed and before September 1, 2009:

(A) pay any debts incurred; and

(B) transfer to Grayson County any assets that remain after the payment of debts;

(2) the district is dissolved September 1, 2009; and

(3) this chapter expires September 1, 2009.

Added by Acts 2007, 80th Leg., R.S., Ch. 1129 (H.B. 4069), Sec. 5.01, eff. June 15, 2007.

Added by Acts 2007, 80th Leg., R.S., Ch. 1137 (H.B. 4096), Sec. 1, eff. June 15, 2007.

Text of section as added by Acts 2007, 80th Leg., R.S., Ch. 1137 (H.B. 4096), Sec. 1

Section: Previous  8251.001  8251.002  8251.003  8251.004  8251.005  8251.051  8251.101  8251.102  8251.103  8251.104  8251.151  8251.152  8251.153  Next

Last modified: September 28, 2016