{"data":{"id":"us-tx/tex.-special-district-local-laws-code-9019.201","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 9019.201","heading":"AUTHORITY TO ISSUE BONDS.","body":"To carry out a power the district is authorized to perform, the district may issue bonds payable from and secured by:\n(1) ad valorem taxes;\n(2) all or part of the net revenue of the income-producing properties of the district, as specified by the board, after deducting reasonable expenses for maintenance, operation, and administration; or\n(3) ad valorem taxes and the net revenue described by Subdivision (2).\nAdded by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.06, eff. April 1, 2015.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE I. WATER CONTROL AND IMPROVEMENT DISTRICTS","CHAPTER 9019. BROOKSHIRE MUNICIPAL WATER DISTRICT","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9019.htm#9019.201","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"adca6c3475e6401f1bb396618b8cf5a52fda1f2ee3672bc4d73d6bb2e127b73c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-9019.151","next":"us-tx/tex.-special-district-local-laws-code-9019.202"},"notice":"GroundRules: Original legal text. Not legal advice."}
