Texas Special District Local Laws Code
Sec. § 3980.0504
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 2019, 86th Leg., R.S., Ch. 556 (H.B. 4683), Sec. 1, eff. June 10, 2019.
Source
Last accessed
Jan. 23, 2020