Section 11006.251 - Authority to Issue Bonds(a) The authority may issue bonds payable from and secured by revenue or ad valorem taxes, or both revenue and ad valorem taxes, of the authority to carry out any power or authority conferred by this chapter. The bonds must be authorized by a board resolution.(b) The bonds must be issued in the manner and under the terms of the resolution authorizing the issuance of the bonds.Tex. Spec. Dist. Loc. Laws § 11006.251
Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 855,Sec. 1.07, eff. 4/1/2017.