Texas Statutes
§ 1049.305 — AUDIT; TRANSFER OF ASSETS AND LIABILITIES.
Texas § 1049.305
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 1049.305 (AUDIT; TRANSFER OF ASSETS AND LIABILITIES.) 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. § 1049.305 (2026).
Text
Sec. 1049.305. AUDIT; TRANSFER OF ASSETS AND LIABILITIES.
(a)Within 30 days after the election results are filed under Section 1049.304 , the commissioners court shall employ an independent audit of the dissolved district's assets and liabilities.
(b)Within 10 days after the audit is completed, the commissioners court shall:
(1)publish a copy of the audit in a newspaper of general circulation in the district; and
(2)by declaration:
(A)formally transfer the assets of the dissolved district to Kimble County; and
(B)formally declare the county liable for all debts and liabilities incurred by the dissolved district.
(c)The declarations shall be published in a newspaper of general circulation within 10 days after the declarations are made.
(d)Any assets transferred to Kimble County shal
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166 ), Sec. 1.02, eff. April 1, 2009.
Nearby Sections
15
§ 1049.001
DEFINITIONS.§ 1049.002
AUTHORITY FOR CREATION.§ 1049.003
DISTRICT TERRITORY.§ 1049.051
BOARD ELECTION; TERM.§ 1049.052
QUALIFICATIONS FOR OFFICE.§ 1049.054
BOARD VACANCY.§ 1049.055
OFFICERS.§ 1049.056
COMPENSATION; EXPENSES.§ 1049.057
DISTRICT ADMINISTRATOR.§ 1049.058
EMPLOYEES.§ 1049.101
DISTRICT RESPONSIBILITY.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1049.305, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/1049.305.