Water Code §54.731

In force on Sep 22, 2018 · this text took effect (date not stated) · same as today's text

DEBTS OF ORIGINAL DISTRICTS

(a) After two or more districts are consolidated, the debts of the original districts shall be protected and may not be impaired. These debts may be paid by taxes levied on the land in the original districts as if they had not consolidated or from contributions from the consolidated district on terms stated in the consolidation agreement. (b) If each district assumed the other's bonds, notes, and other obligations, taxes may be levied uniformly on all taxable property within the consolidated district in payment of the debts.

History: Added by Acts 1971, 62nd Leg., p. 811, ch. 84, Sec. 1.

Source: the Legislature's file server, seen Sep 22, 2018 to Nov 08, 2026.

Every version on file

Effective date not stated · seen Sep 2018–Nov 2026

Attorney General opinions that cite it

GA-0883 (Apr 19, 2011): Treatment of existing debt after consolidation of municipal utility districts pursuant to section 54.728 of the Water Code

A research copy. The official text is the Legislature's (statutes), the Secretary of State's (Texas Administrative Code) or eCFR's (federal rules). Not legal advice.