Texas Special District Local Laws Code 3859.251 – Dissolution of District With Outstanding Debt
Current as of: 2024 | Check for updates
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(a) The district may be dissolved as provided by Subchapter M, Chapter 375, Local Government Code, except that § 375.264, Local Government Code, does not apply to the district.
(b) If the district has debt when it is dissolved, the district shall remain in existence solely for the purpose of discharging its bonds or other obligations according to their terms.