Tex. Water Code § 51.801
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If a majority of the electors at the election vote in favor of the dissolution of the district, the board shall destroy all unsold bonds of the district and enter an order cancelling all unissued and unsold bonds authorized by the electors. After the destruction and the entry of the order, the bonds shall have no further force or effect.
Tex. Water Code § 51.801