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

Tex. Water Code § 60.339: BONDS PAYABLE FROM TAXES.

Where this section sits in the code

WATER CODE
TITLE 4. GENERAL LAW DISTRICTS
CHAPTER 60. NAVIGATION DISTRICTS--GENERAL PROVISIONS
SUBCHAPTER M. TAX BONDS, REVENUE BONDS, AND COMBINATION TAX AND REVENUE BONDS

Where bonds are issued payable wholly from taxes, it is the duty of the governing body at the time of the bonds authorization to levy a tax sufficient to pay the principal of and interest on the bonds as the interest and principal become due, and to provide the reserve funds if prescribed in the resolution authorizing or the trust indenture securing the bonds.

Added by Acts 1973, 63rd Leg., p. 770, ch. 343, Sec. 1, eff. Aug. 27, 1973.

Collected 2026-08-27T01:47:48Z. Source file · JSON

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