Tex. Spec. Dist. Local Laws Code Section 3858.1522
Elections Regarding Bonds


(a)

The district may issue, without an election, bonds and other obligations secured by revenue from any source other than ad valorem taxes.

(b)

The district must hold an election in the manner provided by Chapters 49 (Provisions Applicable to All Districts) and 54 (Municipal Utility Districts), Water Code, to obtain voter approval before the district may issue bonds payable from ad valorem taxes.
Added by Acts 2015, 84th Leg., R.S., Ch. 974 (H.B. 2259), Sec. 6, eff. September 1, 2015.

Source: Section 3858.1522 — Elections Regarding Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3858.­htm#3858.­1522 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 3858.1522’s source at texas​.gov