Tex. Water Code § 65.503

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 65.503 - Manner of Repayment of Bonds or Notes

The board may provide for the payment of principal of and interest and redemption price, if any, on the bonds or notes by pledging all or any part of the designated revenues to result from the ownership or operation of the district's works, improvements, facilities, plants, equipment, and appliances or under specific contracts for the period of time the board determines.

Tex. Water Code § 65.503

Amended by Acts 1985, 69th Leg., ch. 447, Sec. 1, eff. 11/15/1985.
Added by Acts 1983, 68th Leg., p. 2448, ch. 435, Sec. 4, eff. 8/29/1983.