Texas Health and Safety Code 579.055 – Accounting After Dissolution
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Terms Used In Texas Health and Safety Code 579.055
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
After the district has paid all its debts and has disposed of all its assets and funds as prescribed by § 579.054, the board shall provide an accounting to each creating hospital district. The accounting must show the manner in which the assets and debts of the district were distributed.