Tex. Water Code § 59.053

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 59.053 - Dissolution of District Before Issuance of Bonds
(a) If the board considers it advisable before the issuance of any bonds, the board may dissolve the district and liquidate the affairs of the district as provided by Sections 54.734 through 54.738.
(b) If a majority of the board finds at any time before the authorization of bonds that the proposed district and its proposed activities are for any reason impracticable or apparently cannot be successfully and beneficially accomplished, the board may issue notice of a hearing on a proposal to dissolve the district.

Tex. Water Code § 59.053

Added by Acts 1995, 74th Leg., ch. 715, Sec. 3, eff. 9/1/1995.