(a) At any time before the district issues indebtedness secured by taxes or net revenues, the district, including any annexed territory, may be divided into two or more new districts.(b) A new district created by division of the district must be at least 100 acres.(c) The board may consider a proposal to divide the district on:(1) a petition of a landowner in the district; or(2) a motion by the board.(d) If the board decides to divide the district, the board shall:(1) set the terms of the division, including names for the new districts and a plan for the payment or performance of any outstanding district obligations; and(2) prepare a metes and bounds description for each proposed district. Added by Acts 2005, 79th Leg., Ch. 520 (H.B. 813), Sec. 1, eff. June 17, 2005.