Texas Special District Local Laws Code 3833.158 – Effect of Conveyance On District Debt
Current as of: 2024 | Check for updates
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Conveyance of a public improvement to the appropriate 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 debt; or
(2) the district’s responsibility to perform the obligations provided by the orders or resolutions authorizing the bonds or other debt.
