Tex. Transportation Code § 441.215: ASSUMPTION OF DEBT SHARE.
Where this section sits in the code
- TRANSPORTATION CODE
- TITLE 6. ROADWAYS
- SUBTITLE J. ROAD UTILITY DISTRICTS
- CHAPTER 441. ROAD UTILITY DISTRICTS
- SUBCHAPTER K. ANNEXATION
The board may require each petitioner to:
(1) assume the petitioner's share of any outstanding district bonds or voted but unissued bonds; and
(2) authorize the board to impose a tax on the petitioner's property in each year that any of those bonds are outstanding.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Collected 2026-08-27T01:47:44Z. Source file · JSON