Texas § 370.333 VOLUNTARY DISSOLUTION OF AUTHORITY GOVERNED BY GOVERNING BODY OF MUNICIPALITY.

Texas Statutes

§ 370.333 — VOLUNTARY DISSOLUTION OF AUTHORITY GOVERNED BY GOVERNING BODY OF MUNICIPALITY.

Texas § 370.333

Code TNTransportation Code

This text of Texas § 370.333 (VOLUNTARY DISSOLUTION OF AUTHORITY GOVERNED BY GOVERNING BODY OF MUNICIPALITY.) 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. Transportation Code Code Ann. § 370.333 (2026).

Text

Sec. 370.333. VOLUNTARY DISSOLUTION OF AUTHORITY GOVERNED BY GOVERNING BODY OF MUNICIPALITY. In addition to the requirements of Section 370.331 , an authority governed under Section 370.2511 may not be dissolved unless:

(1)the dissolution is approved by a vote of at least two-thirds of the members of the governing body;

(2)all debts, obligations, and liabilities of the authority have been paid and discharged or adequate provision has been made for the payment of all debts, obligations, and liabilities;

(3)there are no suits pending against the authority, or adequate provision has been made for the satisfaction of any judgment, order, or decree that may be entered against it in any pending suit; and

(4)the authority has commitments from other governmental entities to assume jurisdiction

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Sec. 370.333. VOLUNTARY DISSOLUTION OF AUTHORITY GOVERNED BY GOVERNING BODY OF MUNICIPALITY. In addition to the requirements of Section 370.331 , an authority governed under Section 370.2511 may not be dissolved unless:
(1) the dissolution is approved by a vote of at least two-thirds of the members of the governing body;
(2) all debts, obligations, and liabilities of the authority have been paid and discharged or adequate provision has been made for the payment of all debts, obligations, and liabilities;
(3) there are no suits pending against the authority, or adequate provision has been made for the satisfaction of any judgment, order, or decree that may be entered against it in any pending suit; and
(4) the authority has commitments from other governmental entities to assume jurisdiction of all authority transportation facilities.
SUBCHAPTER I. TRANSIT SYSTEMS