Tex. Spec. Dists. Code § 3942.0504

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

Section 3942.0504 - Bonds Secured By Revenue Or Contract Payments

The district may issue, without an election, bonds secured by:

(1) revenue other than ad valorem taxes, including contract revenues; or

(2) contract payments, provided that the requirements of Section 49.108, Water Code, have been met.

Tex. Spec. Dist. Loc. Laws § 3942.0504

Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 792,Sec. 1, eff. 6/13/2023.