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Texas Special District Local Laws Code

§ 1063.306 — TRANSFER, SALE, OR ADMINISTRATION OF ASSETS IF ELECTION INITIATED BY BOARD

SD § 1063.306Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1063. MONTGOMERY COUNTY HOSPITAL DISTRICT · Art. G. DISSOLUTION

Statute text

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(a)This section, Section 1063.307, and Section 1063.308 apply to an election called under Section 1063.301(a).
(b)If a majority of the votes in the election favor dissolution, the board shall:
(1)transfer the ambulance service and related equipment, any vehicles, and any mobile clinics and related equipment that belong to the district to Montgomery County not later than the 45th day after the date on which the election is held; and
(2)transfer the land, buildings, improvements, equipment not described by Subdivision (1), and other assets that belong to the district to Montgomery County or administer the property, assets, and debts in accordance with Subsection (e) and Sections 1063.307 and 1063.308.
(c)The county assumes all debts and obligations of the district relating to the ambulance service and related equipment, any vehicles, and any mobile clinics and related equipment at the time of the transfer.
(d)If the district makes the transfer under Subsection (b)(2), the county assumes all debts and obligations of the district relating to those assets at the time of the transfer, and the district is dissolved.

Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Source: Texas Special District Local Laws Code § 1063.306 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.