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Tex. Special District Local Laws Code § 3902.304

ASSUMPTION OF ASSETS AND LIABILITIES

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

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Tex. Special District Local Laws Code § 3902.304, ASSUMPTION OF ASSETS AND LIABILITIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/597193
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(a) After dissolution, the city assumes the obligations of the district, including any bonds or other debt payable from assessments or other district revenue. (b) On or before dissolution, the board shall transfer ownership of all district property to the city.