Sec. 8309.151. DIVISION OF DISTRICT; PREREQUISITES. The district may be divided into two or more new districts only if the district:
(1) has never issued any bonds; and
(2) is not imposing ad valorem taxes.
Added by Acts 2011, 82nd Leg., R.S., Ch. 853 (H.B. 3803), Sec. 1, eff. June 17, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8309 - Cottonwood Municipal Utility District No. 2 of Grayson County
Subchapter D. Division of District Into Multiple Districts
Section 8309.151. Division of District; Prerequisites
Section 8309.152. Law Applicable to New District
Section 8309.153. Limitation on Area of New District
Section 8309.154. Division Procedures