Tex. Spec. Dists. Code § 3897.352

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

Section 3897.352 - Limitation on Dissolution

The municipality may not dissolve the district until:

(1) the district's outstanding bonds have been repaid or defeased;

(2) the district's outstanding debt or contractual obligations that are payable from ad valorem taxes have been repaid or discharged; and

(3) each agreement under Section 3897.251 has been executed and the district's performance under the agreement has been fulfilled, including any right or obligation the district has to reimburse a developer or owner for the costs of improvement projects.

Tex. Spec. Dist. Loc. Laws § 3897.352

Added by Acts 2011, 82nd Leg., R.S., Ch. 656, Sec. 1, eff. 6/17/2011.