Texas § 441.136 EFFECT OF CONVEYANCE ON INDEBTEDNESS.

Texas Statutes

§ 441.136 — EFFECT OF CONVEYANCE ON INDEBTEDNESS.

Texas § 441.136

Code TNTransportation Code

This text of Texas § 441.136 (EFFECT OF CONVEYANCE ON INDEBTEDNESS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Transportation Code Code Ann. § 441.136 (2026).

Text

Sec. 441.136. EFFECT OF CONVEYANCE ON INDEBTEDNESS. Conveyance of a road facility to a governmental entity under this subchapter does not affect:

(1)the sole responsibility of the district to pay in full the principal of and interest and any premium on any outstanding district bonds or other indebtedness; or

(2)the district's responsibility to perform the obligations provided by the orders or resolutions authorizing the bonds or other indebtedness.

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Sec. 441.136. EFFECT OF CONVEYANCE ON INDEBTEDNESS. Conveyance of a road facility to a governmental entity under this subchapter does not affect:
(1) the sole responsibility of the district to pay in full the principal of and interest and any premium on any outstanding district bonds or other indebtedness; or
(2) the district's responsibility to perform the obligations provided by the orders or resolutions authorizing the bonds or other indebtedness.