Current as of April 14, 2021 | Updated by FindLaw Staff
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If the creation of the district is not confirmed at a confirmation election held under Section 8133.023 before September 1, 2009:
(1) the district is dissolved September 1, 2009, except that:
(A) any debts incurred shall be paid;
(B) any assets that remain after the payment of debts shall be transferred to Williamson 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.
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 8014.201. Authority to Issue Bonds and Other Obligations - last updated April 14, 2021 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-8014-201.html
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