§ 1120.301 Dissolution; Election
§ 1120.302 Notice of Election
§ 1120.303 Ballot
§ 1120.304 Election Results
§ 1120.305 Transfer or Administration of Assets
§ 1120.306 Imposition of Tax and Return of Surplus Taxes
§ 1120.307 Report; Dissolution Order

Terms Used In Texas Special District Local Laws Code Chapter 1120 > Subchapter G - Dissolution

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Dependent: A person dependent for support upon another.
  • 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.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005
  • Week: means seven consecutive days. See Texas Government Code 311.005
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005