{"data":{"id":"us-tx/tex.-special-district-local-laws-code-4008.0504","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 4008.0504","heading":"OBLIGATIONS SECURED BY REVENUE OR CONTRACT PAYMENTS.","body":"The district may issue, without an election, bonds, notes, and other obligations secured by:\n(1) revenue other than ad valorem taxes, including contract revenues; or\n(2) contract payments, provided that the requirements of Section 49.108, Water Code, have been met.\nAdded by Acts 2023, 88th Leg., R.S., Ch. 793 (H.B. 5405), Sec. 2, eff. June 13, 2023.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 4. DEVELOPMENT AND IMPROVEMENT","SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT","CHAPTER 4008. LEGACY MUNICIPAL MANAGEMENT DISTRICT","SUBCHAPTER E. TAXES AND BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.4008.htm#4008.0504","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"c49c0f23565b05e7d23a6180a8c6d4189a86e0a1fe5ce6f9fef01c1f6fb1137b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-4008.0503","next":"us-tx/tex.-special-district-local-laws-code-4008.0505"},"notice":"GroundRules: Original legal text. Not legal advice."}