GroundRules
Tex. Special District Local Laws Code § 3816.201: DISSOLUTION OF DISTRICT WITH OUTSTANDING DEBT.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 4. DEVELOPMENT AND IMPROVEMENT
- SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT
- CHAPTER 3816. FRISCO SQUARE MANAGEMENT DISTRICT
- SUBCHAPTER E. DISSOLUTION
(a) The board may dissolve the district regardless of whether the district has debt. Section 375.264, Local Government Code, does not apply to the district.
(b) If the district has debt when it is dissolved, the district shall remain in existence solely for the purpose of discharging its debts. The dissolution is effective when all debts have been discharged.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Collected 2026-08-27T01:47:41Z. Source file · JSON