Sec. 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.
‹ Prev All Texas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.