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Tex. Water Code § 51.836

TAXES TO PAY INDEBTEDNESS AFTER DISSOLUTION

Acts 1971, 62nd Leg., p. 387, ch. 58, Sec. 1, eff

If a district has outstanding bonds or other indebtedness maturing beyond the current year in which the dissolution occurs, the commissioners court of the county in which the district is located shall levy and have assessed and collected, in the manner prescribed in the Property Tax Code sufficient taxes on all taxable property in the district to pay the principal of and interest on the bonds and other indebtedness when due.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.