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Texas Special District Local Laws Code - SDLL § 3833.158. Effect of Conveyance on District Debt

Current as of January 01, 2024 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 3833.158. Effect of Conveyance on District Debt - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-3833-158/

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