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Texas Local Government Code - LOC GOV'T § 386.302. Dissolution by Board Request

Current as of January 01, 2024 | Updated by Findlaw Staff

A board may petition a creating body to dissolve the development zone under Section 386.301 if a majority of the board finds at any time:

(1) before the authorization of bonds or the final lending of its credit that the continuation of the development zone is impracticable or cannot be successfully and beneficially accomplished; or

(2) that all bonds of the development zone or other debts of the zone have been paid and the purposes of the zone have been accomplished.

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Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 386.302. Dissolution by Board Request - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-386-302/

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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