If the creation of the district is not confirmed at a confirmation election held under Section 8131.023 before September 1, 2009:(1) the district is dissolved September 1, 2009, except that:(A) any debts incurred shall be paid;(B) any assets that remain after the payment of debts shall be transferred to Galveston County; 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. 457 (S.B. 1865), Sec. 1, eff. September 1, 2005.
Texas Legal Code