Tex. Spec. Dist. Local Laws Code Section 3959.0204
Bonds Secured by Revenue or Contract Payments


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

(1)

revenue other than ad valorem taxes;

(2)

contract payments, provided that the requirements of Section 49.108 (Contract Elections), Water Code, have been met; or

(3)

other contract revenues.
Added by Acts 2021, 87th Leg., R.S., Ch. 985 (H.B. 4584), Sec. 1, eff. June 18, 2021.

Source: Section 3959.0204 — Bonds Secured by Revenue or Contract Payments, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3959.­htm#3959.­0204 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 3959.0204’s source at texas​.gov