Texas Transportation Code

§ 441.215 — ASSUMPTION OF DEBT SHARE

TN § 441.215Title 6. ROADWAYS · Part J. ROAD UTILITY DISTRICTS · Ch. 441. ROAD UTILITY DISTRICTS · Art. 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.

Legislative history

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