Tex. Transp. Code § 441.136

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 441.136 - Effect of Conveyance on Indebtedness

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.

Tex. Transp. Code § 441.136

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.