{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8513.0702","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8513.0702","heading":"POWER TO ISSUE BONDS.","body":"(a) For the purpose of constructing improvements related to the exercise of any power conferred on the authority by law, the authority may, without an election, issue bonds secured by a pledge of revenues of the authority without reference to their source and with the priority of liens prescribed in the proceedings authorizing the issuance of the bonds.\n(b) The bonds must be authorized by a board resolution concurred in by at least eight directors.\nAdded by Acts 2025, 89th Leg., R.S., Ch. 240 (H.B. 2692), Sec. 1, eff. May 29, 2025.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE G. RIVER AUTHORITIES","CHAPTER 8513. SAN ANTONIO RIVER AUTHORITY","SUBCHAPTER G. BONDS, BORROWED MONEY, AND GRANTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8513.htm#8513.0702","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"2415f45327513610a8dff4066f5a4592c3f61fce510f3ee8c465163e45b3054f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8513.0701","next":"us-tx/tex.-special-district-local-laws-code-8513.0703"},"notice":"GroundRules: Original legal text. Not legal advice."}