Tex. Spec. Dists. Code § 9057.152

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

Section 9057.152 - Certain Bond Covenants Authorized

An order or resolution authorizing the issuance of district bonds may contain any covenant the board considers necessary to ensure:

(1) the creation and maintenance of proper reserves; and

(2) the payment of the principal of and interest on the bonds.

Tex. Spec. Dist. Loc. Laws § 9057.152

Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 855,Sec. 1.06, eff. 4/1/2017.