Tex. Transp. Code § 441.180 · Subchapter I. BONDS
MANNER OF REPAYMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board may provide for the payment of the principal of and interest on the bonds by one or more of the following methods:
(1) imposition and collection of ad valorem taxes;
(2) adoption of a plan of taxation authorized by Sections 51.502-51.506, Water Code, as provided by those sections; or
(3) pledging all or part of the fees under Section 441.197.
(b) In this chapter, a reference to ad valorem taxes includes a reference to any other tax the board imposes as provided by this chapter.
Notes and commentary — not statutory text
History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.441.htm
- Text hash
- sha256 708a9ab2c3f2357ad640d84af4be526c31268a2413572080232fa3f717f54e18
- 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.