Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 4. DEVELOPMENT AND IMPROVEMENT |
Subtitle C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT |
Chapter 3850. GREATER SHARPSTOWN MANAGEMENT DISTRICT |
Subchapter D. FINANCIAL PROVISIONS |
Sec. 3850.157. PUBLIC IMPROVEMENT DISTRICT ASSESSMENTS
Latest version.
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An assessment levied in the district for a public improvement district under Subchapter A, Chapter 372, Local Government Code, or Chapter 382, Local Government Code, may be used only under the terms for which the assessment was levied. Money raised by an assessment in the public improvement district under that chapter must be used in the public improvement district, and may not be transferred for use outside the area for which the assessment was originally levied.
Added by Acts 2005, 79th Leg., Ch. 771 , Sec. 1, eff. June 17, 2005. Amended by: Acts 2009, 81st Leg., R.S., Ch. 87 , Sec. 21.043, eff. September 1, 2009.