Tex. Transp. Code § 441.215

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 441.215 - Assumption of Debt Share

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.

Tex. Transp. Code § 441.215

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