Sec. 8837.003. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation election held under Section 8837.022 before December 31, 2012:
(1) the district is dissolved December 31, 2012, except that:
(A) any debts incurred shall be paid;
(B) any assets that remain after the payment of debts shall be transferred to Terrell 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, 2016.
Added by Acts 2011, 82nd Leg., R.S., Ch. 336 (H.B. 2859), Sec. 1, eff. September 1, 2011.
Section: Previous 8837.001 8837.002 8837.003 8837.004 8837.005 8837.006 8837.021 8837.022 8837.023 8837.051 8837.052 8837.053 8837.054 8837.101 8837.102 NextLast modified: September 28, 2016