Text of section as added by Acts 2005, 79th Leg., R.S., Ch. 770 (H.B. 3525), Sec. 1Sec. 7202.003. CONFIRMATION ELECTION REQUIRED. If the creation of the district is not confirmed at a confirmation and initial directors' election held before September 1, 2007:(1) the district is dissolved on September 1, 2007, except that:(A) any debts incurred shall be paid;(B) any assets that remain after the payment of debts shall be transferred to Parker or Palo Pinto County as appropriate; 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, 2010. Added by Acts 2005, 79th Leg., Ch. 770 (H.B. 3525), Sec. 1, eff. June 17, 2005.
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