Tex. Loc. Gov't Code § 386.302

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 386.302 - Dissolution By Board Request

A board may petition a creating body to dissolve the development zone under Section 386.301 if a majority of the board finds at any time:

(1) before the authorization of bonds or the final lending of its credit that the continuation of the development zone is impracticable or cannot be successfully and beneficially accomplished; or

(2) that all bonds of the development zone or other debts of the zone have been paid and the purposes of the zone have been accomplished.

Tex. Loc. Gov't. Code § 386.302

Added by Acts 2001, 77th Leg., ch. 1390, Sec. 1, eff. 6/16/2001.