Sec. 8132.003. CONFIRMATION ELECTION REQUIRED

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If the creation of the district is not confirmed at a confirmation election held under Section 8132.023 before September 1, 2013:
(1) the district is dissolved September 1, 2013, 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, 2016.

Added by Acts 2005, 79th Leg., Ch. 1333 , Sec. 1, eff. September 1, 2005. Amended by: Acts 2009, 81st Leg., R.S., Ch. 1075 , Sec. 1, eff. June 19, 2009.

                    
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