Tex. Aux. Water Laws art. 7861 · Chapter 3. WATER CONTROL AND PRESERVATION DISTRICTS
BONDS: LIMIT OF ISSUE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Said bonds shall not exceed in amount one-fourth of the assessed valuation of the real property of such district.
Notes and commentary — not statutory text
History
Acts 1918, 35th Leg., 4th C.S., p. 74, ch. 43; Acts 1979, 66th Leg., p. 2317, ch. 841, Sec. 4(i), eff. Jan. 1, 1982.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WL/htm/WL.3.htm
- Text hash
- sha256 73f7a13519884e0a4647c57bcb1c0c8c523e176a7a99e65d059341d02c6cffdd
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.