Tex. Spec. Dist. Local Laws Code § 9019.201 · Subchapter E. BONDS
AUTHORITY TO ISSUE BONDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
To carry out a power the district is authorized to perform, the district may issue bonds payable from and secured by:
(1) ad valorem taxes;
(2) all or part of the net revenue of the income-producing properties of the district, as specified by the board, after deducting reasonable expenses for maintenance, operation, and administration; or
(3) ad valorem taxes and the net revenue described by Subdivision (2).
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.06, eff. April 1, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9019.htm
- Text hash
- sha256 3170adda9ad6c7ea6127e5274808fe3f89e393df7bc9bdc8de2db286a7527d1c
- 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.