Sec. 8860.003.  CONFIRMATION ELECTION REQUIRED.  If the creation of the district is not confirmed at a confirmation election held under Section 8860.022 before December 31, 2016:
(1)  the district is dissolved on December 31, 2016, except that the district shall:
(A)  pay any debts incurred;
(B)  transfer to Calhoun County any assets 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, 2018.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1091 (S.B. 1290), Sec. 1, eff. September 1, 2011.