Tex. Local Gov't Code Section 375.2621
Prohibition on Issuance of Bonds After Petition


If a petition for dissolution under Section 375.262 (Dissolution by Petition by Owners) is filed with the board, the board must consider the petition not later than the 60th day after the date the petition is filed. The district may not issue bonds secured by assessments after the date the board confirms that the petition is valid and complete under Section 375.262 (Dissolution by Petition by Owners).
Added by Acts 2021, 87th Leg., R.S., Ch. 520 (S.B. 604), Sec. 1, eff. September 1, 2021.

Source: Section 375.2621 — Prohibition on Issuance of Bonds After Petition, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­375.­htm#375.­2621 (accessed Jun. 5, 2024).

375.001
Legislative Findings
375.002
Construction of Chapter
375.003
Definitions
375.004
Governmental Agency
375.022
Petition
375.025
Hearing
375.026
Order
375.041
Commission Order
375.042
Mistake in Boundary Description
375.043
Annexation
375.044
Excluding Territory
375.061
Number of Directors
375.062
Terms of Initial Directors
375.063
Qualifications of Director
375.064
Recommendations for Succeeding Board
375.065
Removal of Director
375.066
Board Vacancy
375.067
Director’s Bond and Oath
375.068
Officers
375.069
Board Position Not Civil Office of Emolument
375.070
Compensation of Directors
375.071
Quorum
375.072
Participation in Voting
375.091
General Powers of District
375.092
Specific Powers
375.093
Use and Alteration of Public Ways
375.094
No Eminent Domain Power
375.095
Management by Board of Directors
375.096
Specific Powers and Duties of Board
375.097
Hearings Examiner
375.098
District Act or Proceeding Presumed Valid
375.111
General Powers Relating to Assessments
375.112
Specific Powers Relating to Assessments
375.113
Proposed Assessments
375.114
Petition Required
375.115
Notice of Hearing
375.116
Conclusion of Hearing
375.117
Area to Be Assessed
375.118
Objections
375.119
Apportionment of Cost
375.120
Assessment Roll
375.121
Interest on Assessments
375.122
Supplemental Assessments
375.123
Appeal
375.124
Appeal of Order
375.141
Imposition of Impact Fees
375.142
Procedure for Adopting Impact Fees
375.161
Certain Residential Property Exempt
375.162
Governmental Entities
375.163
Recreational, Park, or Scenic Use Property
375.164
Residential Property Exempted by Board
375.165
Governmental Entities
375.181
Funds Available for Payment of Projects and Services
375.182
Prohibited Use of Funds
375.201
General Obligation and Revenue Bonds
375.202
Terms and Conditions of Bonds
375.203
Pledges
375.204
Refunding Bonds
375.205
Approval by Attorney General
375.206
Authorized Investments
375.207
Municipal Approval
375.208
Commission Approval
375.209
Taxes for Bonds
375.221
Applicability of Water Districts Law to Competitive Bidding on Certain Contracts
375.222
Disadvantaged Businesses
375.223
Supersedes Other Law
375.241
Time of Election
375.242
Election Called by Board
375.243
Petition Required for Bond Election
375.244
Election to Approve Issuance of Bonds
375.261
Dissolution by Board Vote
375.262
Dissolution by Petition by Owners
375.263
Dissolution by Municipal Ordinance
375.264
Limitations on Dissolution by Board of District with Debt
375.281
Contracts with District
375.282
Strategic Partnership Agreement
375.301
Legislative Findings
375.302
Construction of Subchapter
375.303
Definitions
375.304
Eligibility for Creation by Municipality
375.305
Hearing on Creation of Authority
375.306
Board of Directors
375.307
Qualifications of Directors
375.308
Powers of the Authority
375.309
Municipal Annexation of Area in an Authority
375.310
Authority Plan
375.311
Sales and Use Tax
375.312
Zoning and Planning
375.313
Regional Development Agreements
375.314
Dissolution of the Authority
375.315
Effectiveness Study
375.351
Consolidation of Districts
375.352
Terms and Conditions for Consolidation
375.353
Notice and Hearing on Consolidation
375.354
Governing Consolidated Districts
375.355
Debts of Original Districts
375.356
Assessment and Collection of Taxes
375.357
Filing of Order with County Clerk and Executive Director
375.0645
Election of Directors
375.0921
Authority for Road Projects
375.0922
Road Standards and Requirements
375.2621
Prohibition on Issuance of Bonds After Petition
375.3085
Annexation or Disannexation

Accessed:
Jun. 5, 2024

§ 375.2621’s source at texas​.gov