Texas Special District Local Laws Code 8803.157 – Election Results for Merger With Water Supply or Sewer Service Corporation
(a) If a majority of the voters voting in an election under § 8803.155 both in the certificated area of the water supply or sewer service corporation and in the territory of the district outside the certificated area vote in favor of the ballot proposition, the proposed merger agreement takes effect.
(b) If a majority of the voters voting in an election under § 8803.155 either in the certificated area of the water supply or sewer service corporation or in the territory of the district outside the certificated area do not vote in favor of the ballot proposition:
(1) the proposed merger agreement does not take effect; and
(2) the board may not hold a subsequent election to confirm a proposed merger agreement between the same water supply or sewer service corporation and the district before the first anniversary of the election date.
Terms Used In Texas Special District Local Laws Code 8803.157
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.