Texas § 286.104 ADMINISTRATION OF PROPERTY, DEBTS, AND ASSETS AFTER DISSOLUTION.

Texas Statutes

§ 286.104 — ADMINISTRATION OF PROPERTY, DEBTS, AND ASSETS AFTER DISSOLUTION.

Texas § 286.104

Code HSHealth and Safety Code

This text of Texas § 286.104 (ADMINISTRATION OF PROPERTY, DEBTS, AND ASSETS AFTER DISSOLUTION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Health and Safety Code Code Ann. § 286.104 (2026).

Text

Sec. 286.104. ADMINISTRATION OF PROPERTY, DEBTS, AND ASSETS AFTER DISSOLUTION.

(a)If the district does not transfer the land, buildings, improvements, equipment, and other assets to a county or another governmental entity in the district, the board shall continue to control and administer the property, debts, and assets of the district until all funds have been disposed of and all district debts have been paid or settled.

(b)After the board finds that the district is dissolved, the board shall determine the debt owed by the district and:

(1)if the district imposes a property tax, impose on the property included in the district's tax rolls a tax that is in proportion of the debt to the property value; or

(2)if the district imposes a sales and use tax under Subchapter I, continue the tax

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 286.104. ADMINISTRATION OF PROPERTY, DEBTS, AND ASSETS AFTER DISSOLUTION. (a) If the district does not transfer the land, buildings, improvements, equipment, and other assets to a county or another governmental entity in the district, the board shall continue to control and administer the property, debts, and assets of the district until all funds have been disposed of and all district debts have been paid or settled.
(b) After the board finds that the district is dissolved, the board shall determine the debt owed by the district and:
(1) if the district imposes a property tax, impose on the property included in the district's tax rolls a tax that is in proportion of the debt to the property value; or
(2) if the district imposes a sales and use tax under Subchapter I, continue the tax until the debt is repaid.
(c) The board may institute a suit to enforce payment of taxes and to foreclose liens to secure the payment of property taxes due the district.