Texas Statutes
§ 4501.201 — DISSOLUTION OF AUTHORITY; OUTSTANDING DEBT.
Texas § 4501.201
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 4501.201 (DISSOLUTION OF AUTHORITY; OUTSTANDING DEBT.) 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. § 4501.201 (2026).
Text
Sec. 4501.201. DISSOLUTION OF AUTHORITY; OUTSTANDING DEBT.
(a)The board may dissolve the authority regardless of whether the authority has debt.
(b)If the authority has debt when it is dissolved, the authority shall remain in existence solely for the purpose of discharging its debts. The dissolution is effective when all debts have been discharged.
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 568 (S.B. 1659 ), Sec. 1, eff. June 16, 2007.
Nearby Sections
15
§ 4501.001
DEFINITIONS.§ 4501.002
CREATION AND NATURE OF AUTHORITY.§ 4501.003
PURPOSES OF AUTHORITY.§ 4501.004
FINDINGS OF BENEFIT AND PUBLIC PURPOSE.§ 4501.051
GOVERNING BODY; TERMS.§ 4501.052
ELIGIBILITY.§ 4501.053
APPOINTMENT OF DIRECTORS.§ 4501.054
NONVOTING DIRECTORS.§ 4501.055
VACANCIES.§ 4501.056
VOTING AUTHORITY OF PRESIDENT.§ 4501.057
OFFICERS.§ 4501.101
GENERAL POWERS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 4501.201, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/4501.201.