Except as limited by Section 375.264, the board shall dissolve the district on written petition filed with the board by the owners of at least two-thirds of the assessed value of the property subject to assessment or taxation by the district based on the most recent certified county property tax rolls.
Tex. Loc. Gov't Code § 375.262
DISSOLUTION BY PETITION BY OWNERS
Applied in 1 court decision — leading case Montrose Management District v. 1620 Hawthorne, Ltd. (2014)
Most recently applied in Montrose Management District v. 1620 Hawthorne, Ltd. (June 2014)
Added by Acts 1991, 72nd Leg., ch. 16, Sec. 13.05(a), eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.