Tex. Gov't Code § 855.319
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If a participating municipality has no employees who are members of the retirement system and has no present or potential liabilities resulting from the participation of former employees, the municipality's participation in the system stops and the system shall repay to the municipality on application any amount in the benefit accumulation fund that is credited to the municipality.
Tex. Gov't. Code § 855.319