Tex. Special District Local Laws Code § 11006.251: AUTHORITY TO ISSUE BONDS.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 6. WATER AND WASTEWATER
- SUBTITLE X. DISTRICTS WITH COMBINED POWERS
- CHAPTER 11006. SOUTH TEXAS WATER AUTHORITY
- SUBCHAPTER F. BONDS
(a) The authority may issue bonds payable from and secured by revenue or ad valorem taxes, or both revenue and ad valorem taxes, of the authority to carry out any power or authority conferred by this chapter. The bonds must be authorized by a board resolution.
(b) The bonds must be issued in the manner and under the terms of the resolution authorizing the issuance of the bonds.
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.07, eff. April 1, 2017.
Collected 2026-08-27T01:47:41Z. Source file · JSON