Tex. Transportation Code § 441.233
This is the official text of Tex. Transportation Code § 441.233, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.
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§ 441.233. TRANSFER OF DISTRICT MONEY.
Official statutory text
(a) On dissolution of the district, the board shall transfer the district's money to the governmental entity to which the road facility was conveyed. If road facilities were conveyed to more than one governmental entity, the board shall distribute the money among those governmental entities in proportion to the proceeds of all indebtedness that the district incurred to construct, purchase, or improve the road facilities conveyed to each respective governmental entity.
(b) A governmental entity shall use the money to maintain the road facility.
(b) A governmental entity shall use the money to maintain the road facility.
Status: in_force · Read it on the official government site
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