- (a) The governing body of the municipality that created an authority under this subchapter may dissolve the authority.
- (b) Before dissolution, the municipality shall publish notice and hold public hearings on the proposed dissolution in the manner provided in Section 375.305.
- (c) On dissolution, the municipality shall assume the assets, debts, and other obligations of the authority.
- (d) Subchapter M does not apply to this subchapter.
Added by Acts 2003, 78th Leg., ch. 961, Sec. 1, eff. June 20, 2003.