Tex. Water Code § 55.527 · Subchapter L. ISSUANCE OF BONDS
LIMITATION ELECTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If a petition is filed under Section 55.526 of this code, the limitation of the power to incur debt will not take effect unless it is approved at a general or special election held in the district. The election will be held in the manner provided for holding other general and special elections in the district.
(b) The ballots for the election shall be printed to provide for voting for or against the following proposition: "Limiting during the term of ______ years, the maximum debt of the district to 25 percent of the assessed value of the real property."
Notes and commentary — not statutory text
History
Acts 1971, 62nd Leg., p. 472, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.55.htm
- Text hash
- sha256 a27c59cd86b84719ab94b8ce533f5e20883902567321a0116a68c9e0f505d244
- 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.