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Sec. 7208.0103. Confirmation Election Required.

Sec. 7208.0103. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation and initial directors' election held before September 1, 2026:

(1) the district is dissolved on September 1, 2026, except that the district shall:

(A) pay any debts incurred;

(B) transfer to Guadalupe or Wilson 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, 2027.

Added by Acts 2023, 88th Leg., R.S., Ch. 373 (H.B. 5303), Sec. 1, eff. September 1, 2023.

Gavvy last updated this database on: Sep 6, 2024