Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 6. WATER AND WASTEWATER |
Subtitle B. FRESH WATER SUPPLY DISTRICTS |
Chapter 6904. AQUILLA WATER SUPPLY DISTRICT |
Subchapter F. BONDS |
Sec. 6904.254. ELECTION FOR BONDS PAYABLE FROM AD VALOREM TAXES
Latest version.
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(a) Bonds, other than refunding bonds, payable wholly or partly from ad valorem taxes may not be issued unless authorized by a majority of the district voters voting at an election.
(b) The board may issue bonds not payable wholly or partly from ad valorem taxes without an election.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.06, eff. April 1, 2009.