Tex. Water Code § 51.445 · Subchapter K. ISSUANCE OF BONDS
ISSUANCE OF BONDS AND LEVY OF TAX.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) After bonds other than preliminary bonds are voted, the board may authorize the issuance of the bonds in whole or in part as they are needed by the district.
(b) The board shall levy and annually assess and collect sufficient taxes to pay principal and interest on the bonds.
(c) The bonds may be approved by the attorney general and registered by the comptroller before the filing of the report of the commission under Section 51.421 of this code.
Notes and commentary — not statutory text
History
Acts 1971, 62nd Leg., p. 346, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 1981, 67th Leg., p. 981, ch. 367, Sec. 19, eff. June 10, 1981.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.51.htm
- Text hash
- sha256 7c6ba335d6ffccfa04db4c0fc8b989842486f820df336cb1055ae94efa9500c3
- 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.