Tex. Transportation Code § 441.136: EFFECT OF CONVEYANCE ON INDEBTEDNESS.
Where this section sits in the code
- TRANSPORTATION CODE
- TITLE 6. ROADWAYS
- SUBTITLE J. ROAD UTILITY DISTRICTS
- CHAPTER 441. ROAD UTILITY DISTRICTS
- SUBCHAPTER G. CONVEYANCE OF ROAD FACILITY
Conveyance of a road facility to a governmental entity under this subchapter does not affect:
(1) the sole responsibility of the district to pay in full the principal of and interest and any premium on any outstanding district bonds or other indebtedness; or
(2) the district's responsibility to perform the obligations provided by the orders or resolutions authorizing the bonds or other indebtedness.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Collected 2026-08-27T01:47:44Z. Source file · JSON