Sec. 8135.003.  CONFIRMATION ELECTION REQUIRED.  If the creation of the district is not confirmed at a confirmation election held under Section 8135.022 before September 1, 2007:
(1)  the district is dissolved September 1, 2007, except that:
(A)  any debts incurred shall be paid;
(B)  any assets that remain after the payment of debts shall be transferred to Williamson County; and
(C)  the organization of the district shall be maintained until all debts are paid and remaining assets are transferred; and
(2)  this chapter expires September 1, 2010.
Added by Acts 2005, 79th Leg., Ch. 464 (S.B. 1887), Sec. 1, eff. September 1, 2005.