Section 8860.003 - Confirmation Election Required If the creation of the district is not confirmed at a confirmation election held under Section 8860.022 before December 31, 2016:
(1) the district is dissolved on December 31, 2016, except that the district shall: (A) pay any debts incurred;(B) transfer to Calhoun County any assets that remain after the payment of debts; and(C) maintain the organization of the district until all debts are paid and remaining assets are transferred; and(2) this chapter expires September 1, 2018.Tex. Spec. Dist. Loc. Laws § 8860.003
Added by Acts 2011, 82nd Leg., R.S., Ch. 1091, Sec. 1, eff. 9/1/2011.