Tex. Education Code § 49.104
This is the official text of Tex. Education Code § 49.104, part of Texas’s Education Code — governs public schools and universities in Texas.
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§ 49.104. ALLOCATION OF INDEBTEDNESS.
Official statutory text
The annexation agreement may allocate to the receiving district any portion of the indebtedness of the district from which the territory is detached, and the receiving district assumes and is liable for the allocated indebtedness.
Status: in_force · Read it on the official government site
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