Tex. Loc. Gov't Code § 303.101
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
After a corporation's bonds and other obligations are paid and discharged, or adequate provision is made for their payment and discharge, the sponsor's governing body by written resolution may authorize and direct the dissolution of the corporation.
Tex. Loc. Gov't. Code § 303.101