Texas § 4012.0901 DISSOLUTION.

Texas Statutes

§ 4012.0901 — DISSOLUTION.

Texas § 4012.0901

Code SDSpecial District Local Laws Code

This text of Texas § 4012.0901 (DISSOLUTION.) 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. § 4012.0901 (2026).

Text

Sec. 4012.0901. DISSOLUTION.

(a)The board shall dissolve the district on written petition filed with the board by the owners of:

(1)at least two-thirds of the assessed value of the property subject to assessment by the district based on the most recent certified county property tax rolls; or

(2)at least two-thirds of the surface area of the district, excluding roads, streets, highways, utility rights-of-way, other public areas, and other property exempt from assessment by the district according to the most recent certified county property tax rolls.

(b)The board by majority vote may dissolve the district at any time.

(c)The district may not be dissolved by its board under Subsection (a) or (b) if the district:

(1)has any outstanding bonded indebtedness until that bonded indebtedness

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

Sec. 4012.0901. DISSOLUTION. (a) The board shall dissolve the district on written petition filed with the board by the owners of:
(1) at least two-thirds of the assessed value of the property subject to assessment by the district based on the most recent certified county property tax rolls; or
(2) at least two-thirds of the surface area of the district, excluding roads, streets, highways, utility rights-of-way, other public areas, and other property exempt from assessment by the district according to the most recent certified county property tax rolls.
(b) The board by majority vote may dissolve the district at any time.
(c) The district may not be dissolved by its board under Subsection (a) or (b) if the district:
(1) has any outstanding bonded indebtedness until that bonded indebtedness has been repaid or defeased in accordance with the order or resolution authorizing the issuance of the bonds;
(2) has a contractual obligation to pay money until that obligation has been fully paid in accordance with the contract; or
(3) owns, operates, or maintains public works, facilities, or improvements unless the district contracts with another person for the ownership, operation, or maintenance of the public works, facilities, or improvements.
(d) Sections 375.261 , 375.262 , and 375.264 , Local Government Code, do not apply to the district.