If the creation of the district is not confirmed at a confirmation and initial directors' election held before September 1, 2016:(1) the district is dissolved on September 1, 2016, except that the district shall:(A) pay any debts incurred;(B) transfer to Comal, Guadalupe, or Hays County, as appropriate, any assets of the district that remain after the payment of debts; and(C) maintain the organization of the district 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. 1344 (S.B. 1116), Sec. 1, eff. June 14, 2013.
Texas Legal Code