§ 1008.151 Dissolution; Election
§ 1008.152 Notice of Election
§ 1008.153 Ballot
§ 1008.154 Election Results
§ 1008.155 Transfer or Administration of Assets
§ 1008.156 Sale or Transfer of Assets and Liabilities
§ 1008.157 Imposition of Tax and Return of Surplus Taxes

Terms Used In Texas Special District Local Laws Code Chapter 1008 > Subchapter D - Dissolution

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Week: means seven consecutive days. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005