Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 6. WATER AND WASTEWATER |
Subtitle F. MUNICIPAL UTILITY DISTRICTS |
Chapter 8362. SOMERSET MUNICIPAL UTILITY DISTRICT NO. 3 |
Subchapter E. BONDS AND OTHER OBLIGATIONS |
Sec. 8362.201. AUTHORITY TO ISSUE BONDS AND OTHER OBLIGATIONS
Latest version.
-
The district may issue bonds or other obligations payable wholly or partly from ad valorem taxes, impact fees, revenue, contract payments, grants, or other district money, or any combination of those sources, to pay for any authorized district purpose.
Added by Acts 2009, 81st Leg., R.S., Ch. 877 , Sec. 1, eff. June 19, 2009.