Tex. Loc. Gov't Code § 382.152 · Subchapter D. GENERAL FINANCIAL PROVISIONS; TAXES
BONDS; NOTES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A district may not issue bonds unless approved by the commissioners court of the county that created the district. Bonds may not be issued unless approved by a majority of the voters of the district voting in an election held for that purpose. A bond election under this subsection does not affect prior bond issuances and is not required for refunding bond issuances.
(b) A district may not issue a negotiable promissory note or notes unless approved by the commissioners court of the county that created the district.
(c) If the commissioners court grants approval under this section, bonds, notes, and other district obligations may be secured by district revenue or any type of district taxes or assessments, or any combination of taxes and revenue pledged to the payment of bonds.
Notes and commentary — not statutory text
History
Transferred from Local Government Code, Subchapter C, Chapter 372 and amended by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 15.009, eff. September 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.382.htm
- Text hash
- sha256 25475293cfb4bf1af1fcd77bfba0b5a3b625427b5dd4a94c9a5fca63c9bd1dad
- 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.