Texas Statutes (Last Updated: January 4, 2014) |
WATER CODE |
Title 4. GENERAL LAW DISTRICTS |
Chapter 51. WATER CONTROL AND IMPROVEMENT DISTRICTS |
Subchapter K. ISSUANCE OF BONDS |
Sec. 51.414. VOTE AT ELECTION
Latest version.
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(a) Bonds of a district operating under the provisions of Article III, Section 52, of the Texas Constitution, may be issued only with the approval of two-thirds of the electors of the district participating in the election.
(b) In a district organized under the provisions of Article XVI, Section 59, of the Texas Constitution, bonds may be issued or indebtedness created only with the approval of a majority of the electors of the district participating in the election.
Acts 1971, 62nd Leg., p. 338, ch. 58, Sec. 1, eff. Aug. 30, 1971.