Tex. Local Government Code § 501.406
This is the official text of Tex. Local Government Code § 501.406, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 501.406. ASSETS ON TERMINATION.
Official statutory text
On termination the title to all funds and property owned by the corporation is transferred to the corporation's authorizing unit.
Status: in_force · Read it on the official government site
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