Sec. 451.612. CERTIFICATION OF NET FINANCIAL OBLIGATION OF UNIT. (a) The board shall certify to the governing body of a withdrawn unit of election and to the comptroller the net financial obligation of the unit to the authority as determined under this subchapter.
(b) If there is no net financial obligation of the unit, the certification must show that fact.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle K - Mass Transportation
Chapter 451 - Metropolitan Rapid Transit Authorities
Subchapter M. Withdrawal of Territory From Authority
Section 451.601. Unit of Election Defined
Section 451.602. Authorities Covered by Subchapter
Section 451.603. Withdrawal of Unit of Election
Section 451.604. Petition for Withdrawal Election
Section 451.605. Review of Petition
Section 451.606. Invalid Petition
Section 451.608. Result of Withdrawal Election
Section 451.609. Effect of Withdrawal
Section 451.610. Continuation of Services to Persons With Disabilities
Section 451.611. Determination of Total Amount of Financial Obligations of Withdrawn Unit
Section 451.612. Certification of Net Financial Obligation of Unit
Section 451.613. Collection of Sales and Use Tax After Withdrawal
Section 451.614. Refunds of Excess Sales and Use Tax Revenue
Section 451.615. Use of Refunded Revenue
Section 451.616. Revenue From Withdrawn Unit for Providing Services for Persons With Disabilities
Section 451.617. Withdrawal: Alternative Method for Certain Authorities
Section 451.618. Withdrawal: Alternative Method for Certain Emergency Services Districts