Transportation Code › Title 6 › Chapter 441 › Subchapter K

Texas Transportation Code § 441.215

Assumption of Debt Share

Road Utility Districts · 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.

Official text of the Texas Transportation Code as published by the Texas Legislative Council.

Official source
Legislative history

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

Sections that refer to this one

§ 441.216