Texas Statutes
§ 3896.203 — ASSUMPTION OF ASSETS AND LIABILITIES.
Texas § 3896.203
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 3896.203 (ASSUMPTION 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. § 3896.203 (2026).
Text
Sec. 3896.203. ASSUMPTION OF ASSETS AND LIABILITIES.
(a)The district may not be dissolved by the city unless the city assumes the obligations of the district, including any bonds or other indebtedness payable from assessments or other district revenue.
(b)If the city dissolves the district, the board shall transfer ownership of all district property to the city.
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Legislative History
Added by Acts 2011, 82nd Leg., R.S., Ch. 699 (H.B. 427 ), Sec. 1, eff. June 17, 2011.
Nearby Sections
15
§ 3896.001
DEFINITIONS.§ 3896.002
CREATION AND NATURE OF DISTRICT.§ 3896.003
PURPOSE; DECLARATION OF INTENT.§ 3896.004
FINDINGS OF BENEFIT AND PUBLIC PURPOSE.§ 3896.005
DISTRICT TERRITORY.§ 3896.008
LIBERAL CONSTRUCTION OF CHAPTER.§ 3896.051
BOARD OF DIRECTORS.§ 3896.052
APPOINTMENT OF DIRECTORS; TERMS.§ 3896.053
NONVOTING DIRECTORS.§ 3896.054
CONFLICTS OF INTEREST.§ 3896.055
DIRECTOR'S OATH OR AFFIRMATION.§ 3896.056
OFFICERS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 3896.203, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/3896.203.