Tex. Special District Local Laws Code § 3963.0502: 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 3963.0302.
- CHAPTER 3963. SOGOOD CEDARS MUNICIPAL MANAGEMENT DISTRICT
- SUBCHAPTER E. BONDS
The district may issue, without an election, bonds secured by:
(1) revenue, including contract revenues; or
(2) contract payments, provided that the requirements of Section 49.108, Water Code, have been met.
Added by Acts 2019, 86th Leg., R.S., Ch. 1012 (H.B. 4742), Sec. 1, eff. June 14, 2019.
Collected 2026-08-27T01:47:41Z. Source file · JSON