Sec. 41.061. AGREEMENT. (a) By agreement of the governing boards of two school districts, territory may be detached from one of the districts and annexed to the other district if, after the action:
(1) the wealth per student of the district from which territory is detached is equal to or less than the equalized wealth level; and
(2) the wealth per student of the district to which territory is annexed is not greater than the greatest level for which funds are provided under Subchapter F, Chapter 42.
(b) The agreement is not effective unless the commissioner certifies that, after all actions taken under this chapter, the wealth per student of each district involved will be equal to or less than the applicable level permitted by Subsection (a).
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Section: Previous 41.012 41.0121 41.013 41.031 41.032 41.033 41.034 41.061 41.062 41.063 41.064 41.065 41.091 41.092 41.093 NextLast modified: September 28, 2016