Sec. 55.753. DEBTS OF ORIGINAL DISTRICTS. (a) When two or more districts are consolidated, the debts of the original districts are protected and are not impaired.
(b) These debts may be paid by taxes or assessments levied on the land in the original district as if it had not consolidated or contributions from the consolidated district on terms stated in the consolidation agreement.
Acts 1971, 62nd Leg., p. 496, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 55 - Water Improvement Districts
Subchapter O. Adding and Excluding Territory, and Consolidating Districts
Section 55.721. Exclusion of Nonagricultural and Nonirrigable Land From District
Section 55.750. Consolidation of Districts
Section 55.751. Elections to Approve Consolidation
Section 55.752. Governing Consolidated Districts
Section 55.753. Debts of Original Districts