Texas § 1020.354 TRANSFER OF DISTRICT ASSETS.

Texas Statutes

§ 1020.354 — TRANSFER OF DISTRICT ASSETS.

Texas § 1020.354

Code SDSpecial District Local Laws Code

This text of Texas § 1020.354 (TRANSFER OF DISTRICT ASSETS.) 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. Special District Local Laws Code Code Ann. § 1020.354 (2026).

Text

Sec. 1020.354. TRANSFER OF DISTRICT ASSETS.

(a)If a majority of the votes in an election held under this subchapter favor dissolution and transfer of the district's assets and obligations, the board shall transfer to Deaf Smith County the land, buildings, improvements, equipment, and other assets that belong to the district.

(b)Deaf Smith County assumes all debts and obligations of the district at the time of the transfer.

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

Sec. 1020.354. TRANSFER OF DISTRICT ASSETS. (a) If a majority of the votes in an election held under this subchapter favor dissolution and transfer of the district's assets and obligations, the board shall transfer to Deaf Smith County the land, buildings, improvements, equipment, and other assets that belong to the district.
(b) Deaf Smith County assumes all debts and obligations of the district at the time of the transfer.