Tex. Spec. Dists. Code § 3808.201

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 3808.201 - Dissolution of District With Outstanding Debt

If the district has debt when it is dissolved, the district shall remain in existence solely for the purpose of discharging its other obligations according to their terms.

Tex. Spec. Dist. Loc. Laws § 3808.201

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. 4/1/2005.