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Texas Special District Local Laws Code

§ 1049.305 — AUDIT; TRANSFER OF ASSETS AND LIABILITIES

SD § 1049.305Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1049. KIMBLE COUNTY HOSPITAL DISTRICT OF KIMBLE COUNTY, TEXAS · Art. G. DISSOLUTION

Statute text

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(a)Within 30 days after the election results are filed under Section 1049.304, the commissioners court shall employ an independent audit of the dissolved district's assets and liabilities.
(b)Within 10 days after the audit is completed, the commissioners court shall:
(1)publish a copy of the audit in a newspaper of general circulation in the district; and
(2)by declaration:
(A)formally transfer the assets of the dissolved district to Kimble County; and
(B)formally declare the county liable for all debts and liabilities incurred by the dissolved district.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Texas Special District Local Laws Code § 1049.305 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.