{"data":{"id":"us-tx/tex.-water-code-54.505","jurisdiction":"us-tx","citation":"Tex. Water Code § 54.505","heading":"ELECTION ON TAX BONDS.","body":"Bonds payable solely from revenues may be issued by resolution or order of the board without an election, but no bonds, except refunding bonds, payable wholly or partially from ad valorem taxes shall be issued until authorized by a majority vote of the resident electors of the district voting in an election called and held for that purpose. An election is not required to pledge revenues to the payment of bonds.\nAdded by Acts 1971, 62nd Leg., p. 796, ch. 84, Sec. 1. Amended by Acts 2003, 78th Leg., ch. 248, Sec. 31, eff. June 18, 2003.","path":["WATER CODE","TITLE 4. GENERAL LAW DISTRICTS","CHAPTER 54. MUNICIPAL UTILITY DISTRICTS","SUBCHAPTER F. ISSUANCE OF BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.54.htm#54.505","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"c8dbef379ac1dd005700c329d923ebfd0af0e1bd1fe1ed78d5afc651d4172b87","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-54.504","next":"us-tx/tex.-water-code-54.507"},"notice":"GroundRules: Original legal text. Not legal advice."}