{"data":{"id":"us-tx/tex.-special-district-local-laws-code-3858.1522","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 3858.1522","heading":"ELECTIONS REGARDING BONDS.","body":"(a) The district may issue, without an election, bonds and other obligations secured by revenue from any source other than ad valorem taxes.\n(b) The district must hold an election in the manner provided by Chapters 49 and 54, Water Code, to obtain voter approval before the district may issue bonds payable from ad valorem taxes.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 974 (H.B. 2259), Sec. 6, eff. September 1, 2015.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 4. DEVELOPMENT AND IMPROVEMENT","SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT","CHAPTER 3858. DRIFTWOOD ECONOMIC DEVELOPMENT MUNICIPAL MANAGEMENT DISTRICT","SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3858.htm#3858.1522","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"dd64db9c69292d10a4c5afd047c339e1e6ec8e400ea8e2cafde08dd89ed91399","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-3858.1521","next":"us-tx/tex.-special-district-local-laws-code-3858.153"},"notice":"GroundRules: Original legal text. Not legal advice."}