{"data":{"id":"us-tx/tex.-local-government-code-386.301","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 386.301","heading":"DISSOLUTION OF DEVELOPMENT ZONE BY CREATING BODY.","body":"(a) After a hearing, a creating body may dissolve a development zone if:\n(1) the area no longer meets the criteria for designation under this chapter;\n(2) the best interests of the creating body and the owners of property and interests in property in the zone will be served by dissolving the zone; and\n(3) each creating body agrees by ordinance or order on the:\n(A) proposition that the zone should be dissolved;\n(B) disposition of zone assets; and\n(C) assumption of liabilities by the creating bodies.\n(b) The dissolution of a development zone does not affect the validity of a:\n(1) tax incentive or regulatory relief granted or accrued before the removal; or\n(2) bond issued under this chapter.\nAdded by Acts 2001, 77th Leg., ch. 1390, Sec. 1, eff. June 16, 2001.","path":["LOCAL GOVERNMENT CODE","TITLE 12. PLANNING AND DEVELOPMENT","SUBTITLE B. COUNTY PLANNING AND DEVELOPMENT","CHAPTER 386. COMMERCIAL AND INDUSTRIAL DEVELOPMENT ZONES","SUBCHAPTER F. DISSOLUTION"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.386.htm#386.301","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"61962023113536bb6a15f0162504dc6803a673dd552caecf472797ad3cb5af04","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-386.202","next":"us-tx/tex.-local-government-code-386.302"},"notice":"GroundRules: Original legal text. Not legal advice."}