Tex. Water Code § 36.310

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 36.310 - Assets Escheat

Upon the dissolution of a district by the commission, all assets of the district shall be sold at public auction and the proceeds given to the county if it is a single-county district. If it is a multicounty district, the proceeds shall be divided with the counties in proportion to the surface land area in each county served by the district.

Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 20.10, eff. 9/1/1997. Renumbered from Water Code Sec. 36.307 and amended by Acts 1997, 75th Leg., ch. 1010, Sec. 4.36, eff. 9/1/1997.