Tex. Spec. Dists. Code § 3981.0504

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

Section 3981.0504 - 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 § 3981.0504

Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 1266,Sec. 1, eff. 6/14/2019.