Tex. Health and Safety Code § 221.085
This is the official text of Tex. Health and Safety Code § 221.085, part of Texas’s Health and Safety Code — covers public health and safety regulation.
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§ 221.085. VESTING PROPERTY IN SPONSORING ENTITY.
Official statutory text
The title to all funds and other property owned by a development corporation when it dissolves automatically vests in the sponsoring entity without further conveyance, transfer, or other act.
Status: in_force · Read it on the official government site
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