Tex. Water Code § 36.172 · Subchapter F. BONDS AND NOTES
MANNER OF REPAYMENT OF BONDS AND NOTES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The board may provide for the payment of principal of and interest on the bonds and notes in any one of the following manners:
(1) from the levy and collection of ad valorem taxes on taxable property within the district;
(2) from fees;
(3) by pledging all or any part of the designated revenues from the ownership or operation of the district's works, improvements, and facilities and from the sale, transportation, and distribution of water; or
(4) from any combination of these sources.
Notes and commentary — not statutory text
History
Added by Acts 1995, 74th Leg., ch. 933, Sec. 2, 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/WA/htm/WA.36.htm
- Text hash
- sha256 165831b42169d0e66284567180a181dc5b4775532e4923ec7132a122632955bf
- 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.