Tex. Water Code § 55.523
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If the district issues refunding bonds for a greater amount, for a greater rate of interest, or for a longer period of maturity than the bonds which they are to replace or if the refunding bonds in any other respect create a greater burden on the district, the district shall submit the question of whether or not it should issue the refunding bonds to the voters of the district.
Tex. Water Code § 55.523