Sec. 375.314. DISSOLUTION OF THE AUTHORITY. (a) The governing body of the municipality that created an authority under this subchapter may dissolve the authority.
(b) Before dissolution, the municipality shall publish notice and hold public hearings on the proposed dissolution in the manner provided in Section 375.305.
(c) On dissolution, the municipality shall assume the assets, debts, and other obligations of the authority.
(d) Subchapter M does not apply to this subchapter.
Added by Acts 2003, 78th Leg., ch. 961, Sec. 1, eff. June 20, 2003.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle A - Municipal Planning and Development
Chapter 375 - Municipal Management Districts in General
Subchapter O. Defense Adjustment Management Authority
Section 375.301. Legislative Findings; Purposes
Section 375.302. Construction of Subchapter
Section 375.304. Eligibility for Creation by Municipality
Section 375.305. Hearing on Creation of Authority
Section 375.306. Board of Directors
Section 375.307. Qualifications of Directors
Section 375.308. Powers of the Authority; Municipality
Section 375.3085. Annexation or Disannexation
Section 375.309. Municipal Annexation of Area in an Authority
Section 375.310. Authority Plan
Section 375.311. Sales and Use Tax
Section 375.312. Zoning and Planning
Section 375.313. Regional Development Agreements