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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) If the district is dissolved, the board shall:
(1) transfer the land, buildings, improvements, equipment, and other assets acquired by the district to the county or hospital district in which the property is located; or
(2) administer the property, assets, and debts in accordance with Section 287.103.
(b) If the district transfers its land, buildings, improvements, equipment, and other assets to a county or hospital district, the county or hospital district assumes all debts and obligations of the district related to the land, buildings, improvements, equipment, or assets at the time of the transfer, and the district is dissolved.
Cite this article: FindLaw.com - Texas Health and Safety Code - HEALTH & SAFETY § 287.102. Transfer of Assets After Dissolution - last updated January 01, 2024 | https://codes.findlaw.com/tx/health-and-safety-code/health-safety-sect-287-102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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