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Tex. Special District Local Laws Code § 3502.152

POWER TO DISSOLVE

Texas · Texas Special District Local Laws Code · Status: effective

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Tex. Special District Local Laws Code § 3502.152, POWER TO DISSOLVE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/592389
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(a) The board may dissolve the authority if: (1) each municipality in the authority approves the dissolution; and (2) all debts or obligations have been satisfied or retired. (b) Any assets of the authority remaining after all debts or obligations have been satisfied shall be conveyed or transferred to the municipalities in the authority as approved by the board.