Texas § 9023.209 DISTRIBUTION OF PROPERTY, RECEIVABLES, AND OTHER ASSETS.

Texas Statutes

§ 9023.209 — DISTRIBUTION OF PROPERTY, RECEIVABLES, AND OTHER ASSETS.

Texas § 9023.209

Code SDSpecial District Local Laws Code

This text of Texas § 9023.209 (DISTRIBUTION OF PROPERTY, RECEIVABLES, AND OTHER ASSETS.) 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.

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Tex. Special District Local Laws Code Code Ann. § 9023.209 (2026).

Text

Sec. 9023.209. DISTRIBUTION OF PROPERTY, RECEIVABLES, AND OTHER ASSETS.

(a)All infrastructure and real property, including water and sewer lines, storage tanks, treatment plants, towers, buildings, land, and other facilities located within municipal territory disannexed under this subchapter that are related to the provision of water and sewer services by the district in the disannexed territory, shall revert to the disannexed municipality.

(b)All receivables from connections in municipal territory disannexed under this subchapter transfer to the disannexed municipality.

(c)Other assets, including vehicles, computers, office furniture and equipment, and cash, shall be divided between the district and the disannexed municipality by the master in proportion to the population of the distri

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Sec. 9023.209. DISTRIBUTION OF PROPERTY, RECEIVABLES, AND OTHER ASSETS. (a) All infrastructure and real property, including water and sewer lines, storage tanks, treatment plants, towers, buildings, land, and other facilities located within municipal territory disannexed under this subchapter that are related to the provision of water and sewer services by the district in the disannexed territory, shall revert to the disannexed municipality.
(b) All receivables from connections in municipal territory disannexed under this subchapter transfer to the disannexed municipality.
(c) Other assets, including vehicles, computers, office furniture and equipment, and cash, shall be divided between the district and the disannexed municipality by the master in proportion to the population of the district or the disannexed municipal territory.