Sec. 54.733. VOTED BUT UNISSUED BONDS. In the event any consolidating district has voted but unissued bonds payable in whole or in part from taxation and the consolidated district assumed the voted but unissued bonds and the consolidated district was authorized to levy taxes to pay for the bonds, then the consolidated district shall be authorized to issue the voted but unissued bonds in the name of the consolidated district and levy a uniform tax on all taxable property in the consolidated district to pay for the bonds.
Added by Acts 1971, 62nd Leg., p. 811, ch. 84, Sec. 1. Amended by Acts 1995, 74th Leg., ch. 715, Sec. 22, eff. Sept. 1, 1995.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 54 - Municipal Utility Districts
Subchapter H. Adding and Excluding Territory; Consolidating and Dissolving Districts
Section 54.728. Consolidation of Districts
Section 54.729. Elections to Approve Consolidation
Section 54.730. Governing Consolidated Districts
Section 54.731. Debts of Original Districts
Section 54.732. Assessment and Collection of Taxes
Section 54.733. Voted but Unissued Bonds
Section 54.734. Dissolution of District Prior to Issuance of Bonds
Section 54.735. Notice of Hearing
Section 54.737. Board's Order to Dissolve District
Section 54.738. Judicial Review of Board's Order
Section 54.739. Substituting Land of Equal Value
Section 54.740. Requisites for Application for Exclusion
Section 54.741. Inclusion of Substitute Land Required
Section 54.742. Application for Inclusion
Section 54.743. Notice of Hearing and Hearing Procedures
Section 54.744. Impairment of Security
Section 54.745. Board's Resolution to Substitute
Section 54.746. Liability of Excluded and Included Land
Section 54.747. Service to Included Land
Section 54.748. Exclusion of Land for Failure to Provide Sufficient Services; Bonds Outstanding
Section 54.749. Tax Liability of Excluded Land; Bonds Outstanding