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Texas Special District Local Laws Code - Section 1002.155. Assumption Of Debts And Taxes

Legal Research Home > Texas Lawyer > Special District Local Laws Code > Texas Special District Local Laws Code - Section 1002.155. Assumption Of Debts And Taxes

§ 1002.155. ASSUMPTION OF DEBTS AND TAXES.  If the 
district has outstanding debts or taxes, the proposition for 
assumption of its proportion of the debts or taxes by the territory 
if annexed shall also be submitted at the election.  The annexed 
territory shall bear its pro rata part of all indebtedness or taxes 
that may be owed, contracted, or authorized by the district.

Acts 2003, 78th Leg., ch. 1277, § 1, eff. April 1, 2005.                   

Last modified: August 10, 2007