Tex. Spec. Dist. Local Laws Code § 8509.0306 · Subchapter G. BONDS

BONDS PAYABLE FROM AD VALOREM TAXES.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

The board may issue bonds payable, as pledged by board resolution, from:

(1) ad valorem taxes imposed on taxable property in the district; or

(2) ad valorem taxes and revenue of the district.

Notes and commentary — not statutory text

History

Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.03, eff. April 1, 2021.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8509.htm
Text hash: sha256 81cd3064be6a889408f69e081dffaa721897e664dfcd4330952d3c3292c528bf
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.