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

Tex. Special District Local Laws Code § 3979.0504: BONDS SECURED BY REVENUE OR CONTRACT PAYMENTS.

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Where this section sits in the code
  1. SPECIAL DISTRICT LOCAL LAWS CODE
  2. TITLE 4. DEVELOPMENT AND IMPROVEMENT
  3. SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT
  4. CHAPTER 3979. MONTGOMERY COUNTY MANAGEMENT DISTRICT NO. 1
  5. 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 2019, 86th Leg., R.S., Ch. 1256 (H.B. 4657), Sec. 1, eff. June 14, 2019.

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

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