{"data":{"id":"us-tx/tex.-water-code-62.304","jurisdiction":"us-tx","citation":"Tex. Water Code § 62.304","heading":"ASSUMPTION OF BONDED DEBT.","body":"(a) Unless a majority of the electors of each of the districts approves it, the annexing district and the district to be annexed may not assume the outstanding bonded debt of the other.\n(b) Annexation shall in no way affect the outstanding debt or any other valid obligation of either the annexing district or the district to be annexed.\nActs 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.","path":["WATER CODE","TITLE 4. GENERAL LAW DISTRICTS","CHAPTER 62. ARTICLE XVI, SECTION 59, NAVIGATION DISTRICTS","SUBCHAPTER H. ANNEXATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.62.htm#62.304","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"0869da9721c334149712f4dfba963eb96b923064ac25b83458db01111033ae5e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-62.303","next":"us-tx/tex.-water-code-62.305"},"notice":"GroundRules: Original legal text. Not legal advice."}
