Tex. Transportation Code § 171.302
This is the official text of Tex. Transportation Code § 171.302, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.
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§ 171.302. DISSOLUTION.
Official statutory text
In addition to the dissolution procedures provided by Chapter 172, the board may dissolve a district if:
(1) all district liabilities have been paid or adequate provision has been made for the payment of all liabilities;
(2) the district is not a party to any lawsuits or adequate provision has been made for the satisfaction of any judgment or order that may be entered against the district in a lawsuit to which the district is a party; and
(3) the district has commitments from other governmental entities to assume jurisdiction of all district rail facilities.
(1) all district liabilities have been paid or adequate provision has been made for the payment of all liabilities;
(2) the district is not a party to any lawsuits or adequate provision has been made for the satisfaction of any judgment or order that may be entered against the district in a lawsuit to which the district is a party; and
(3) the district has commitments from other governmental entities to assume jurisdiction of all district rail facilities.
Status: in_force · Read it on the official government site
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