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

Tex. Special District Local Laws Code § 3902.304: 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 For contingent expiration of this chapter, see Section 3902.301.
CHAPTER 3902. CLUB MUNICIPAL MANAGEMENT DISTRICT NO. 1
SUBCHAPTER F. DISSOLUTION

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

(b) On or before dissolution, the board shall transfer ownership of all district property to the city.

Added by Acts 2011, 82nd Leg., R.S., Ch. 1195 (H.B. 3859), Sec. 1, eff. September 1, 2011.

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

Browse this collection