Tex. Spec. Dist. Local Laws Code § 8270.251 · Subchapter F. BONDS
ISSUANCE OF BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The district may issue bonds payable from taxes or revenue to provide money for any purpose of this chapter, including the acquisition of land.
(b) The district must issue bonds in the manner provided by Chapters 49 and 54, Water Code, except that the district may issue bonds payable solely from net revenue by resolution or order of the board without an election.
(c) Bonds issued under this subchapter may be payable from all or any designated part of the revenue of district property and facilities or under a specific contract, as provided in the order or resolution authorizing the issuance of bonds.
Notes and commentary — not statutory text
History
Redesignated from Special District Local Laws Code, Chapter 9013 and amended by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 21.101, 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/SD/htm/SD.8270.htm
- Text hash
- sha256 4bb85ea71872e3bd7522af90c649acbae51e56b4c887e9ef232d13e2924cb63d
- 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.