Tex. Spec. Dist. Local Laws Code § 21.402 · Subchapter I. BONDS
BOND PAYMENT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The board may provide for the payment of the principal of and interest on the bonds:
(1) from the imposition of property taxes on all taxable property in the district;
(2) by pledging all or part of the designated revenue from the ownership or operation of the district's works, improvements, and facilities; or
(3) from a combination of the sources listed by Subdivisions (1) and (2).
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.21.htm
- Text hash
- sha256 7a53678dd5c4afeee7c34cd96b221ab744a1562f2dad5727c84d0bf0cbe63483
- 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.