Tex. Water Code § 51.803

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 51.803 - Tax to Pay Dissolution Bonds

The order issuing the dissolution bonds shall provide that the principal of and interest on the bonds shall be payable from the proceeds of a tax to be levied on the taxable property located in the district. The tax shall be in an amount sufficient for the payment of the principal and interest.

Tex. Water Code § 51.803

Acts 1971, 62nd Leg., p. 381, ch. 58, Sec. 1, eff. 8/30/1971.