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Tex. Local Government Code § 501.406

ASSETS ON TERMINATION

Texas · Texas Local Government Code · Status: effective

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Tex. Local Government Code § 501.406, ASSETS ON TERMINATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/694074
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On termination the title to all funds and property owned by the corporation is transferred to the corporation's authorizing unit.