Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Special District Local Laws Code § 3966.0502: 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 3966.0302.
CHAPTER 3966. NEW PARK 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. 562 (S.B. 2445), Sec. 1, eff. June 10, 2019.

Collected 2026-08-27T01:47:41Z. Source file · JSON