{"data":{"id":"us-tx/tex.-health-and-safety-code-221.085","jurisdiction":"us-tx","citation":"Tex. Health and Safety Code § 221.085","heading":"VESTING PROPERTY IN SPONSORING ENTITY.","body":"The title to all funds and other property owned by a development corporation when it dissolves automatically vests in the sponsoring entity without further conveyance, transfer, or other act.\nActs 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.","path":["HEALTH AND SAFETY CODE","TITLE 4. HEALTH FACILITIES","SUBTITLE A. FINANCING, CONSTRUCTING, REGULATING, AND INSPECTING HEALTH FACILITIES","CHAPTER 221. HEALTH FACILITIES DEVELOPMENT ACT","SUBCHAPTER D. DISSOLUTION OF CORPORATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/HS/htm/HS.221.htm#221.085","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:17Z","sha256":"38db52f2d2798ab120a48926b4aac22237ede9f023494efc50637add5c73a871","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-health-and-safety-code-221.084","next":"us-tx/tex.-health-and-safety-code-221.086"},"notice":"GroundRules: Original legal text. Not legal advice."}