Texas § SD.9055.059 - ASSUMPTION OF DEBT

Full text of Texas The Texas Constitution § SD.9055.059 — ASSUMPTION OF DEBT, with citation guidance and answers to common questions.

§ SD.9055.059. ASSUMPTION OF DEBT

ASSUMPTION OF DEBT; TAXES. (a) After territory is annexed to the district, the board may hold an election in the district as enlarged to determine whether the district as enlarged shall assume any tax-supported bonds then outstanding and those previously voted but not yet sold and impose an ad valorem tax on all taxable property in the district as enlarged to pay the bonds, unless the proposition is voted along with the annexation election and becomes binding on the territory annexed. (b) An election held under Subsection (a) shall be held in the same manner as an election under this chapter for the issuance of bonds. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162 ), Sec. 1.06, eff. April 1, 2017.

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Frequently Asked Questions About Texas § SD.9055.059

What does The Texas Constitution § SD.9055.059 cover?

Section SD.9055.059 ("ASSUMPTION OF DEBT") 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 § SD.9055.059?

A common citation format is "The Texas Constitution § SD.9055.059" (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 § SD.9055.059 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.