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Terms Used In Texas Special District Local Laws Code 1067.056

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.

A director is not entitled to compensation but is entitled to reimbursement for actual expenses incurred in attending to district business. The expenses must be:
(1) reported in the district’s records; and
(2) approved by the remainder of the board.