Tex. Loc. Gov't Code § 552.051

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 552.051 - Drainage Revenue Bonds

By majority vote of the governing body, the municipality may issue drainage revenue bonds. The municipality may use Chapter 1201, Government Code. In addition, the municipality may pledge income received by contracts for the provision of drainage to other governments or governmental subdivisions located inside or outside the service area.

Tex. Loc. Gov't. Code § 552.051

Renumbered from Local Government Code, Section 402.051 by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 3.76(a)(2), eff. 4/1/2009.

Amended By Acts 2001, 77th Leg., ch. 1420, Sec. 8.350, eff. 9/1/2001.

Amended by Acts 1991, 72nd Leg., ch. 852, Sec. 1, eff. 6/16/1991

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. 9/1/1987.