Gavvy: Educ. Code, Sec. 13.156. Title to Property; Assumption of Debt.

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Sec. 13.156. Title to Property; Assumption of Debt.

Sec. 13.156. TITLE TO PROPERTY; ASSUMPTION OF DEBT. Title to all property of the consolidating districts vests in the consolidated district, and the consolidated district assumes and is liable for the outstanding indebtedness of the consolidating districts.

Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.

Gavvy last updated this database on: Sep 6, 2024