Sec. 8301.003. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation election held under Section 8301.023 before September 1, 2012:
(1) the district is dissolved September 1, 2012, except that:
(A) any debts incurred shall be paid;
(B) any assets that remain after the payment of debts shall be transferred to Hays 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, 2015.
Added by Acts 2007, 80th Leg., R.S., Ch. 1430 (S.B. 3), Sec. 10.01, eff. June 16, 2007.
Renumbered from Special District Local Laws Code, Section 8269.003 and amended by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 27.002(23), eff. September 1, 2009.
Section: Previous 8301.001 8301.002 8301.003 8301.004 8301.005 8301.021 8301.022 8301.023 8301.024 8301.025 8301.026 8301.051 8301.052 8301.101 8301.102 NextLast modified: September 28, 2016