Texas § 386.302 DISSOLUTION BY BOARD REQUEST.

Texas Statutes

§ 386.302 — DISSOLUTION BY BOARD REQUEST.

Texas § 386.302

Code LGLocal Government Code

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Bluebook

Tex. Local Government Code Code Ann. § 386.302 (2026).

Text

Sec. 386.302. DISSOLUTION BY BOARD REQUEST. 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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Sec. 386.302. DISSOLUTION BY BOARD REQUEST. 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.