Tex. Special District Local Laws Code § 3918.0504: BONDS SECURED BY REVENUE OR CONTRACT PAYMENTS.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 4. DEVELOPMENT AND IMPROVEMENT
- SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT For contingent expiration of this chapter, see Section 3918.0302.
- CHAPTER 3918. LEANDER MUNICIPAL MANAGEMENT DISTRICT NO. 1
- SUBCHAPTER E. TAXES AND BONDS
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, Water Code, have been met.
Added by Acts 2021, 87th Leg., R.S., Ch. 990 (H.B. 4638), Sec. 1, eff. January 1, 2022.
Collected 2026-08-27T01:47:41Z. Source file · JSON