Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 3962.0504 - 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. Gov't. Code § 3962.0504
Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 407,Sec. 1, eff. 6/4/2019.