{"data":{"id":"us-tx/tex.-special-district-local-laws-code-3966.0502","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 3966.0502","heading":"BONDS SECURED BY REVENUE OR CONTRACT PAYMENTS.","body":"The district may issue, without an election, bonds secured by:\n(1) revenue, including contract revenues; or\n(2) contract payments, provided that the requirements of Section 49.108, Water Code, have been met.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 562 (S.B. 2445), Sec. 1, eff. June 10, 2019.","path":["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"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3966.htm#3966.0502","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"919408e671e44abde2902d6d3843f01191f9e9e897c3bdff250a3e1c326f0fd0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-3966.0501","next":"us-tx/tex.-special-district-local-laws-code-3966.0503"},"notice":"GroundRules: Original legal text. Not legal advice."}