Sec. 65.726. DEBTS OF ORIGINAL DISTRICTS. After two or more districts are consolidated, the debts of the original districts shall be protected and may not be impaired.
Added by Acts 1983, 68th Leg., p. 2448, ch. 435, Sec. 4, eff. Aug. 29, 1983. Amended by Acts 1985, 69th Leg., ch. 447, Sec. 1, eff. Nov. 15, 1985.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 65 - Special Utility Districts
Subchapter H. Adding and Excluding Territory; Consolidating and Dissolving Districts
Section 65.723. Consolidation of Districts
Section 65.724. Elections to Approve Consolidation
Section 65.725. Governing Consolidated Districts
Section 65.726. Debts of Original Districts
Section 65.727. Dissolution of District Prior to Issuance of Bonds
Section 65.728. Notice of Hearing