{"data":{"id":"us-tx/tex.-special-district-local-laws-code-3813.163","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 3813.163","heading":"BONDS.","body":"(a) The board may issue bonds as provided by Subchapter J, Chapter 375, Local Government Code.\n(b) In addition to the sources described in Subchapter J, Chapter 375, Local Government Code, bonds issued by the district may be secured and made payable, in whole or in part, by a pledge of any part of the net proceeds the district receives from a specified portion of not more than one-half of the district's maximum sales and use tax amount authorized under Section 3813.152.\n(c) Sections 375.207 and 375.208, Local Government Code, do not apply to bonds issued under this section.\nActs 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 4. DEVELOPMENT AND IMPROVEMENT","SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT","CHAPTER 3813. OLD TOWN SPRING IMPROVEMENT DISTRICT","SUBCHAPTER D. FINANCIAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3813.htm#3813.163","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"70408ca6473c28dc98ac32c0397088969049693b5a1e62e9a17d08887a7f3c08","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-3813.162","next":"us-tx/tex.-special-district-local-laws-code-3813.201"},"notice":"GroundRules: Original legal text. Not legal advice."}