Sec. 1015.308. SPENDING RESTRICTIONS. After the effective date of the district's dissolution, the board may not spend any money except:
(1) as authorized by law; and
(2) as necessary to pay reasonable dissolution expenses and the district's legal debts incurred before that date.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1015 - Fairfield Hospital District
Section 1015.301. Dissolution; Election
Section 1015.302. Notice of Election
Section 1015.304. Election Results
Section 1015.305. Directors in Office After Dissolution
Section 1015.306. Imposition of Tax; Transfer of Debts
Section 1015.307. Disposition or Transfer of Assets and Debts