Texas § LG.71.035 - COUNTY BONDS HELD BY SCHOOL FUND
Full text of Texas The Texas Constitution § LG.71.035 — COUNTY BONDS HELD BY SCHOOL FUND, with citation guidance and answers to common questions.
§ LG.71.035. COUNTY BONDS HELD BY SCHOOL FUND
COUNTY BONDS HELD BY SCHOOL FUND. (a) The comptroller of public accounts shall apportion between a county and a new county created from territory detached from the original county the bonds, and the coupons due on those bonds, that are held by the permanent school fund if the bonds were legally issued by the original county before the new county was created. The comptroller shall apportion the bonds and coupons in the manner provided by law. (b) The commissioners courts of the original county and the new county shall levy a tax at a rate sufficient to pay each county's proportionate share of the bond debt. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § LG.71.035
What does The Texas Constitution § LG.71.035 cover?
Section LG.71.035 ("COUNTY BONDS HELD BY SCHOOL FUND") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § LG.71.035?
A common citation format is "The Texas Constitution § LG.71.035" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § LG.71.035 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.