Texas Special District Local Laws Code Chapter 7219 > Subchapter B – Dissolution of District
Current as of: 2024 | Check for updates
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§ 7219.051 | Proposal for Dissolution; Notice |
§ 7219.052 | Hearing and Order |
§ 7219.053 | Assumption of Operation, Management, and Assets and Liabilities of District |
§ 7219.054 | Review of Board’s Order |
Terms Used In Texas Special District Local Laws Code Chapter 7219 > Subchapter B - Dissolution of District
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Property: means real and personal property. See Texas Government Code 311.005
- 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.