Texas Special District Local Laws Code 9004.003 – Confirmation Election Required
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Terms Used In Texas Special District Local Laws Code 9004.003
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
If the creation of the district is not confirmed at a confirmation election held under Section 9004.021 before September 1, 2010:
(1) the district is dissolved September 1, 2010, 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, 2013.