Sec. 58.729.  DEBTS OF ORIGINAL DISTRICTS.  After two or more districts are consolidated, the debts of the original districts are protected and are not impaired.  These debts may be paid by taxes or assessments levied on the land in the original districts as if they had not consolidated or contributions from the consolidated district on terms stated in the consolidation agreement.
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.