Tex. Spec. Dist. Local Laws Code Section 3939.0504
Bonds Secured by Revenue or Contract Payments


The district may issue, without an election, bonds secured by:

(1)

revenue other than ad valorem taxes, including contract revenues; or

(2)

contract payments, provided that the requirements of Section 49.108 (Contract Elections), Water Code, have been met.
Added by Acts 2023, 88th Leg., R.S., Ch. 563 (H.B. 5355), Sec. 1, eff. June 11, 2023.

Source: Section 3939.0504 — Bonds Secured by Revenue or Contract Payments, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3939.­htm#3939.­0504 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 3939.0504’s source at texas​.gov