{"data":{"id":"us-tx/tex.-special-district-local-laws-code-9040.151","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 9040.151","heading":"ELECTIONS REGARDING TAXES OR BONDS.","body":"(a) The district may issue, without an election, bonds and other obligations secured by:\n(1) revenue other than ad valorem taxes; or\n(2) contract payments described by Section 9040.153.\n(b) The district must hold an election in the manner provided by Chapters 49 and 51, Water Code, to obtain voter approval before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes.\nAdded by Acts 2009, 81st Leg., R.S., Ch. 863 (S.B. 2486), Sec. 1, eff. June 19, 2009.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE I. WATER CONTROL AND IMPROVEMENT DISTRICTS","CHAPTER 9040. MONTGOMERY COUNTY WATER CONTROL AND IMPROVEMENT DISTRICT NO. 3","SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9040.htm#9040.151","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"544de2b38761bd8fab8a5ef2d36583c4b39de8c8422c147169f0766baf31aad9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-9040.105","next":"us-tx/tex.-special-district-local-laws-code-9040.152"},"notice":"GroundRules: Original legal text. Not legal advice."}