Sec. 41.212. BOND TAXES. Property detached from a school district is released from the obligation for any tax to pay principal and interest on bonds authorized by the district before detachment. The property is subject to any tax to pay principal or interest on bonds authorized by the district to which the property is annexed whether authorized before or after annexation.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Section: Previous 41.205 41.206 41.207 41.208 41.209 41.210 41.211 41.212 41.213 41.251 41.252 41.253 41.254 41.255 41.256 NextLast modified: September 28, 2016