Tex. Spec. Dist. Local Laws Code § 3918.0504 · Subchapter E. TAXES AND BONDS
BONDS SECURED BY REVENUE OR CONTRACT PAYMENTS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The district may issue, without an election, bonds secured by:
(1) revenue other than ad valorem taxes, including contract revenues; or
(2) contract payments, provided that the requirements of Section 49.108, Water Code, have been met.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 990 (H.B. 4638), Sec. 1, eff. January 1, 2022.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3918.htm
- Text hash
- sha256 e09bc233fd3b91bc3e4a877c0df1bbe37d65f161a47c07137a65da6d2d02e77d
- 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
This section cites
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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.