Tex. Water Code § 61.232

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

Section 61.232 - Limitation on Bond Issue

Outstanding bonds and additional bonds which are authorized may not be more than one-fourth of the assessed value of the real property in the district, as shown by the last tax roll for the district.

Tex. Water Code § 61.232

Amended by Acts 1979, 66th Leg., p. 2321, ch. 841, Sec. 4(r), eff. 1/1/1982.

Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. 8/30/1971.