(a) The board shall hold an election to confirm the creation of the district as provided by Section 49.102, Water Code.(b) If the creation of the district is not confirmed at a confirmation election before September 1, 2011:(1) the district is dissolved September 1, 2011, except that the district shall:(A) pay any debts incurred;(B) transfer to Williamson County any assets 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, 2014. Added by Acts 2007, 80th Leg., R.S., Ch. 1075 (H.B. 2734), Sec. 1, eff. June 15, 2007.
Texas Legal Code