Texas Statutes

§ 62.304 — ASSUMPTION OF BONDED DEBT.

Texas § 62.304
JurisdictionTexas
Code WAWater Code

This text of Texas § 62.304 (ASSUMPTION OF BONDED DEBT.) 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. Water Code Code Ann. § 62.304 (2026).

Text

Sec. 62.304. ASSUMPTION OF BONDED DEBT.

(a)Unless a majority of the electors of each of the districts approves it, the annexing district and the district to be annexed may not assume the outstanding bonded debt of the other.
(b)Annexation shall in no way affect the outstanding debt or any other valid obligation of either the annexing district or the district to be annexed.

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Legislative History

Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.

Nearby Sections

15
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Bluebook (online)
Texas § 62.304, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/62.304.