Tex. Local Government Code § 293.034
This is the official text of Tex. Local Government Code § 293.034, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 293.034. TRANSFER OF ASSETS TO COUNTY; DISSOLUTION.
Official statutory text
On payment of all of its indebtedness, the authority shall convey all of its assets to the county, without cost to the county. On this conveyance, the authority is dissolved.
Status: in_force · Read it on the official government site
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