Section 8297.004 - Confirmation Election Required If the creation of the district is not confirmed at a confirmation election held under Section 8297.023 before September 1, 2011:
(1) the district is dissolved September 1, 2011, except that:(A) any debts incurred shall be paid;(B) any assets that remain after the payment of debts shall be transferred to Hays County; and(C) the organization of the district shall be maintained until all debts are paid and remaining assets are transferred; and(2) this chapter expires September 1, 2012.Tex. Spec. Dist. Loc. Laws § 8297.004
Added by Acts 2007, 80th Leg., R.S., Ch. 961, Sec. 1, eff. 6/15/2007.