Sec. 1509.005. ELECTION REQUIRED TO SECURE BONDS WITH TAX REVENUE    


Latest version.
  • Bonds to be issued under this subchapter that are payable in whole or in part from ad valorem taxes must be approved, before issuance, by a vote of a majority of the registered voters of the municipality voting on the issue.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.