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Tex. Education Code § 49.104

ALLOCATION OF INDEBTEDNESS

Texas · Texas Education Code · Status: effective

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Tex. Education Code § 49.104, ALLOCATION OF INDEBTEDNESS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/636413
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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.