If the creation of the district is not confirmed at a confirmation election held under Section 9021.024 before November 4, 2009:

1. (1) the district is dissolved November 4, 2009, except that the district shall:

   1. (A) pay any debts incurred;
   2. (B) transfer to Wise County any assets 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, 2014.

Added by Acts 2007, 80th Leg., R.S., Ch. 946 (H.B. 3991), Sec. 1, eff. September 1, 2007.

Added by Acts 2007, 80th Leg., R.S., Ch. 1347 (S.B. 2002), Sec. 1, eff. September 1, 2007.