Texas § 336.351 PROCEDURE FOR DISSOLUTION.

Texas Statutes

§ 336.351 — PROCEDURE FOR DISSOLUTION.

Texas § 336.351

Code LGLocal Government Code

This text of Texas § 336.351 (PROCEDURE FOR 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. Local Government Code Code Ann. § 336.351 (2026).

Text

Sec. 336.351. PROCEDURE FOR DISSOLUTION.

(a)The board by resolution may dissolve a district if the governing body of the lead governmental entity by resolution consents to the dissolution.

(b)If the district has debt, including any outstanding bonds, the district shall remain in existence for the sole purpose of paying its debt and transferring any remaining assets. The board shall transfer to the lead governmental entity any assets that remain after satisfaction of all debt.

(c)After the debt is paid and the assets are transferred, the district is dissolved.

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Sec. 336.351. PROCEDURE FOR DISSOLUTION. (a) The board by resolution may dissolve a district if the governing body of the lead governmental entity by resolution consents to the dissolution.
(b) If the district has debt, including any outstanding bonds, the district shall remain in existence for the sole purpose of paying its debt and transferring any remaining assets. The board shall transfer to the lead governmental entity any assets that remain after satisfaction of all debt.
(c) After the debt is paid and the assets are transferred, the district is dissolved.

Legislative History

Added by Acts 2005, 79th Leg., Ch. 883 (S.B. 1205 ), Sec. 2, eff. June 17, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 1148 (S.B. 940 ), Sec. 10, eff. June 15, 2007.