If the creation of the district is not confirmed at a confirmation and initial directors' election held before September 1, 2026:

1. (1) the district is dissolved on September 1, 2026, except that the district shall:

   1. (A) pay any debts incurred;
   2. (B) transfer to Guadalupe or Wilson County, as appropriate, any assets of the district that remain after the payment of debts; and
   3. (C) maintain the organization of the district until all debts are paid and remaining assets are transferred; and
2. (2) this chapter expires September 1, 2027.

Added by Acts 2023, 88th Leg., R.S., Ch. 373 (H.B. 5303), Sec. 1, eff. September 1, 2023.