Tex. Special District Local Laws Code § 3856.201: EXCEPTION FOR 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 3856. GALVESTON GRAND BEACH MANAGEMENT DISTRICT
- SUBCHAPTER E. DISSOLUTION
(a) The board may vote to dissolve a district that has debt. If the vote is in favor of dissolution, the district shall remain in existence solely for the limited purpose of discharging its debts. The dissolution is effective when all debts have been discharged.
(b) Section 375.264, Local Government Code, does not apply to the district.
Added by Acts 2007, 80th Leg., R.S., Ch. 1128 (H.B. 4053), Sec. 1, eff. June 15, 2007.
Collected 2026-08-27T01:47:41Z. Source file · JSON