{"data":{"id":"us-tx/tex.-special-district-local-laws-code-3966.0503","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 3966.0503","heading":"BONDS AND OTHER OBLIGATIONS FOR IMPROVEMENT UNDER AGREEMENT.","body":"If the improvements financed by an obligation will be conveyed to or operated and maintained by a municipality or retail utility provider pursuant to an agreement between the district and the municipality or retail utility provider entered into before the issuance of the obligation, the obligation may be in the form of bonds, notes, or other obligations payable wholly or partly from assessments, issued by public or private sale, in the manner provided by Subchapter A, Chapter 372, Local Government Code.\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#3966.0503","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"3a3f2fb0c280151fbc9c3d7b1168feebfd74b7efbd2ba9f5bd485bd8cbf6bd7e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-3966.0502","next":"us-tx/tex.-special-district-local-laws-code-3966.0504"},"notice":"GroundRules: Original legal text. Not legal advice."}