Tex. Spec. Dist. Local Laws Code Section 1040.208
Additional Means of Securing Repayment of Bonds


In addition to the authority to issue general obligation bonds and revenue bonds under this subchapter, the board may provide for the security and payment of district bonds from a pledge of a combination of ad valorem taxes as authorized by Section 1040.202 (Tax to Pay General Obligation Bonds) and revenue and other sources as authorized by Section 1040.207 (Revenue Bonds).
Added by Acts 2015, 84th Leg., R.S., Ch. 131 (H.B. 795), Sec. 6, eff. May 28, 2015.

Source: Section 1040.208 — Additional Means of Securing Repayment of Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1040.­htm#1040.­208 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 1040.208’s source at texas​.gov