Tex. Spec. Dist. Local Laws Code § 9092.0506 · Subchapter E. BORROWED MONEY; BONDS
BONDS PAYABLE FROM AD VALOREM TAXES.
Verbatim from the official edition
Not yet in force
Text of section effective on April 01, 2027
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 of the district; or
(2) ad valorem taxes and revenue of the district.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615), Sec. 1.03, eff. April 1, 2027.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9092.htm
- Text hash
- sha256 bb6b57160e5b9ae298b9760344d22826c183f88b5cf628161235ed7cead22dde
- 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.