Texas § 3897.352 LIMITATION ON DISSOLUTION.

Texas Statutes

§ 3897.352 — LIMITATION ON DISSOLUTION.

Texas § 3897.352

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 3897.352 (2026).

Text

Sec. 3897.352. LIMITATION ON DISSOLUTION. The municipality may not dissolve the district until:

(1)the district's outstanding bonds have been repaid or defeased;

(2)the district's outstanding debt or contractual obligations that are payable from ad valorem taxes have been repaid or discharged; and

(3)each agreement under Section 3897.251 has been executed and the district's performance under the agreement has been fulfilled, including any right or obligation the district has to reimburse a developer or owner for the costs of improvement projects.

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Sec. 3897.352. LIMITATION ON DISSOLUTION. The municipality may not dissolve the district until:
(1) the district's outstanding bonds have been repaid or defeased;
(2) the district's outstanding debt or contractual obligations that are payable from ad valorem taxes have been repaid or discharged; and
(3) each agreement under Section 3897.251 has been executed and the district's performance under the agreement has been fulfilled, including any right or obligation the district has to reimburse a developer or owner for the costs of improvement projects.