Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Special District Local Laws Code § 3897.354: ASSUMPTION OF ASSETS AND LIABILITIES.

Where this section sits in the code

SPECIAL DISTRICT LOCAL LAWS CODE
TITLE 4. DEVELOPMENT AND IMPROVEMENT
SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT
CHAPTER 3897. TIMBER SPRINGS MUNICIPAL MANAGEMENT DISTRICT
SUBCHAPTER F. DISSOLUTION

(a) After the municipality dissolves the district, the municipality assumes the obligations of the district, including any debt payable from assessments or other district revenue.

(b) If the municipality dissolves the district, the board shall transfer ownership of all district property to the municipality in which the property is located, or if the property is not located in a municipality, to the county in which the property is located.

Added by Acts 2011, 82nd Leg., R.S., Ch. 656 (S.B. 1184), Sec. 1, eff. June 17, 2011.

Collected 2026-08-27T01:47:41Z. Source file · JSON

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