Tex. Spec. Dist. Local Laws Code Section 3861.204
Continuing Powers and Obligations of New Districts

(a)

Each new district may incur and pay debts and has all powers of the original district created by this chapter.

(b)

Each new district has the same limitations or other provisions concerning the city that apply to the original district.

(c)

If the district is divided as provided by this subchapter, the current obligations and any bond authorizations of the district are not impaired. Debts shall be paid by revenue or by taxes or assessments imposed on real property in the district as if the district had not been divided or by contributions from each new district as stated in the terms set by the board under Section 3861.201 (Division of District; Requirements)(f).

(d)

Any other district obligation is divided pro rata among the new districts on an acreage basis or on other terms that are satisfactory to the new districts.
Added by Acts 2007, 80th Leg., R.S., Ch. 531 (S.B. 919), Sec. 1, eff. June 16, 2007.

Source: Section 3861.204 — Continuing Powers and Obligations of New Districts, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3861.­htm#3861.­204 (accessed Jun. 5, 2024).

3861.001
Definitions 3861.002
Creation and Nature of District 3861.003
Purpose 3861.004
Findings of Benefit and Public Purpose 3861.005
District Territory 3861.006
Eligibility for Inclusion in Special Zones 3861.051
Governing Body 3861.052
Appointment or Election of Directors 3861.053
Eligibility 3861.054
Vacancy 3861.055
Director’s Oath or Affirmation 3861.056
Officers 3861.057
Compensation 3861.101
General Powers and Duties 3861.102
Improvement Projects 3861.103
General Powers Regarding Contracts 3861.104
Rules 3861.105
Name Change 3861.106
Use of Roadway, Park, or Other Public Area of the District 3861.107
Adding or Removing Territory 3861.108
Economic Development 3861.109
Terms of Employment 3861.110
No Eminent Domain Power 3861.151
General Powers Regarding Financial Matters 3861.152
Borrowing Money 3861.153
Impact Fees and Assessments 3861.154
Certain Residential Property Not Exempt 3861.155
Maintenance and Operation Tax 3861.156
Use of Surplus Maintenance and Operation Money 3861.157
Bond Issuance Plan Required Before Issuing Bonds 3861.158
Bonds and Other Obligations 3861.159
Bond Maturity 3861.160
Taxes for Bonds and Other Obligations 3861.161
Project Development Agreement Required to Impose Taxes or Borrow Money, Including Bonds 3861.201
Division of District 3861.202
Election for Division of District 3861.203
Appointment of Directors of New Districts 3861.204
Continuing Powers and Obligations of New Districts 3861.205
Contract Authority of New Districts 3861.251
Dissolution by City Ordinance 3861.252
Collection of Assessments and Other Revenue 3861.253
Assumption of Assets and Liabilities 3861.0521
Requirement to Elect All Directors
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3861.204’s source at texas​.gov