Tex. Loc. Gov't Code § 336.304 · Subchapter H. BONDS
SHORT-TERM BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board by resolution may issue bonds that are secured by revenue or taxes of the district if the bonds:
(1) have a term of not more than 12 months; and
(2) are payable only from revenue or taxes received on or after the date of their issuance and before the end of the fiscal year following the fiscal year in which the bonds are issued.
(b) Approval by the attorney general or registration with the comptroller is not required for a bond issued under this section.
(c) An election is not required to issue bonds under this section.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 883 (S.B. 1205), Sec. 2, eff. June 17, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.336.htm
- Text hash
- sha256 44b7d6e91353c1656921d99c0d57cca9d9343d565bed7f2f99b785e2eb1c57b7
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Loc. Gov't Code § 336.304. Each shows the citation as that text prints it.
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.