Tex. Water Code § 51.801: DESTROYING UNSOLD BONDS.
Where this section sits in the code
- WATER CODE
- TITLE 4. GENERAL LAW DISTRICTS
- CHAPTER 51. WATER CONTROL AND IMPROVEMENT DISTRICTS
- SUBCHAPTER P. DISSOLUTION OF DISTRICT
If a majority of the electors at the election vote in favor of the dissolution of the district, the board shall destroy all unsold bonds of the district and enter an order cancelling all unissued and unsold bonds authorized by the electors. After the destruction and the entry of the order, the bonds shall have no further force or effect.
Acts 1971, 62nd Leg., p. 381, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Collected 2026-08-27T01:47:48Z. Source file · JSON