Sec. 8301.003. CONFIRMATION ELECTION REQUIRED

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If the creation of the district is not confirmed at a confirmation election held under Section 8301.023 before September 1, 2012:
(1) the district is dissolved September 1, 2012, except that:
(A) any debts incurred shall be paid;
(B) any assets that remain after the payment of debts shall be transferred to Hays 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, 2015.

Added by Acts 2007, 80th Leg., R.S., Ch. 1430 , Sec. 10.01, eff. June 16, 2007. Renumbered from Special District Local Laws Code, Section 8269.003 and amended by Acts 2009, 81st Leg., R.S., Ch. 87 , Sec. 27.002(23), eff. September 1, 2009.

                    
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