Tex. Water Code § 58.439 · Subchapter J. ISSUANCE OF BONDS
PURPOSES FOR ISSUANCE OF BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The district may issue bonds to include:
(1) the cost of organization of the district;
(2) incidental expenses;
(3) the cost of investigation and making plans;
(4) the engineer's work and other incidental expenses;
(5) the cost of retirement of preliminary bonds;
(6) the cost of issuing and selling bonds;
(7) the estimated discount on the bonds;
(8) the cost of operation of a district for the period of construction of the plant and improvements stated in the engineer's report;
(9) an amount to pay interest on the bonds during the period stated in the engineer's report, which shall not be more than three years from the time the bonds are sold; and
(10) any additional cost or expense made necessary by any change or modification made in the proposed work by the district.
Notes and commentary — not statutory text
History
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.58.htm
- Text hash
- sha256 60e53c0ab92ad9f86b61dc7dd53fadddbd221f8a7bdd772a884b02e49cdae6b8
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Water Code § 58.439. Each shows the citation as that text prints it.
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.