Texas Statutes (Last Updated: January 4, 2014) |
WATER CODE |
Title 2. WATER ADMINISTRATION |
Subtitle C. WATER DEVELOPMENT |
Chapter 17. PUBLIC FUNDING |
Subchapter L. WATER FINANCIAL ASSISTANCE BOND PROGRAM |
Sec. 17.952. ISSUANCE OF WATER FINANCIAL ASSISTANCE BONDS
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The board by resolution may provide for the issuance of water financial assistance bonds, which shall be general obligation bonds of the state, in an aggregate principal amount not to exceed the principal amount authorized to be issued by the Texas Constitution.
Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03. Amended by: Acts 2005, 79th Leg., Ch. 927 , Sec. 11, eff. September 1, 2005.