Sec. 8873.003. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation election held under Section 8873.023 before September 1, 2015:
(1) the district is dissolved on September 1, 2015, except that:
(A) any debts incurred shall be paid;
(B) any assets that remain after the payment of debts shall be transferred to each county in proportion to the contribution of money made; and
(C) the organization of the district shall be maintained until all debts are paid and remaining assets are transferred; and
(2) this chapter expires September 1, 2017.
Added by Acts 2013, 83rd Leg., R.S., Ch. 496 (S.B. 1840), Sec. 1, eff. June 14, 2013.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle H - Districts Governing Groundwater
Chapter 8873 - Deep East Texas Groundwater Conservation District
Subchapter A. General Provisions
Section 8873.002. Nature of District; Findings
Section 8873.003. Confirmation Election Required
Section 8873.004. Initial District Territory
Section 8873.005. Addition of Adjacent County to District
Section 8873.006. Landowners' Rights
Section 8873.007. Review of Resolution Requesting Legislation