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Terms Used In Texas Health and Safety Code 300A.0030

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

After the district has paid all its debts and has disposed of all its assets and funds as prescribed by Section 300A.0029, the board shall provide an accounting to each local government that created the district. The accounting must show the manner in which the assets and debts of the district were distributed.