Texas § LG.375.264 - LIMITATIONS ON DISSOLUTION BY BOARD OF DISTRICT WITH DEBT
Full text of Texas The Texas Constitution § LG.375.264 — LIMITATIONS ON DISSOLUTION BY BOARD OF DISTRICT WITH DEBT, with citation guidance and answers to common questions.
§ LG.375.264. LIMITATIONS ON DISSOLUTION BY BOARD OF DISTRICT WITH DEBT
LIMITATIONS ON DISSOLUTION BY BOARD OF DISTRICT WITH DEBT. (a) A district may not be dissolved by its board under Section 375.261 or after a petition is filed under Section 375.262 if the district has outstanding bonded indebtedness until that bonded indebtedness has been repaid or defeased in accordance with the order or resolution authorizing the issuance of the bonds. (b) If a petition for dissolution is filed under Section 375.262 with the board of a district and the district has outstanding bonded indebtedness secured by assessments: (1) the district shall remain in existence solely for the purposes of winding up district operations and discharging its bonded indebtedness; and (2) the board shall use all district money that is available to: (A) wind up district operations; and (B) repay or defease the bonded indebtedness as soon as practicable in accordance with the order or resolution authorizing the issuance of the bonds. (c) Subsection (b) does not apply to a district that has outstanding bonded indebtedness secured by a source other than assessments on the date the petition is filed with the board. Added by Acts 1991, 72nd Leg., ch. 16, Sec. 13.05(a), eff. Aug. 26, 1991. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 13.21, eff. Sept. 1, 1999. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 912 (S.B. 1234 ), Sec. 18, eff. September 1, 2011. Acts 2021, 87th Leg., R.S., Ch. 520 (S.B. 604 ), Sec. 2, eff. September 1, 2021. SUBCHAPTER N. CONTRACTS WITH DISTRICT
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § LG.375.264
What does The Texas Constitution § LG.375.264 cover?
Section LG.375.264 ("LIMITATIONS ON DISSOLUTION BY BOARD OF DISTRICT WITH DEBT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § LG.375.264?
A common citation format is "The Texas Constitution § LG.375.264" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § LG.375.264 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
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