Sec. 7206.003.  CONFIRMATION ELECTION REQUIRED.  If the creation of the district is not confirmed at a confirmation and initial directors' election held before September 1, 2016:
(1)  the district is dissolved on September 1, 2016, except that the district shall:
(A)  pay any debts incurred;
(B)  transfer to Comal, Guadalupe, or Hays County, as appropriate, any assets of the district that remain after the payment of debts; and
(C)  maintain the organization of the district until all debts are paid and remaining assets are transferred; and
(2)  this chapter expires September 1, 2017.
Added by Acts 2013, 83rd Leg., R.S., Ch. 1344 (S.B. 1116), Sec. 1, eff. June 14, 2013.