The annexed territory shall bear the territory's proportionate share of all debt or taxes owed, contracted, or authorized by the district.
Tex. Spec. Dist. Local Laws Code § 9011.058
ANNEXED TERRITORY'S RESPONSIBILITY FOR DISTRICT DEBT OR TAXES
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.12, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.