Sec. 8128.108. BOND ISSUANCE BY NEW DISTRICT

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A new district may issue bonds payable wholly or partially from ad valorem taxes on the approval of a majority of the residents voting in an election called and held for that purpose.

Added by Acts 2005, 79th Leg., Ch. 445 , Sec. 1, eff. September 1, 2005.

                    
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