Texas Statutes (Last Updated: January 4, 2014) |
WATER CODE |
Title 4. GENERAL LAW DISTRICTS |
Chapter 54. MUNICIPAL UTILITY DISTRICTS |
Subchapter J. SERVICES FOR CERTAIN DEFINED AREAS AND DESIGNATED PROPERTY |
Sec. 54.810. LIMITATION ON OTHER BOND AUTHORIZATIONS
Latest version.
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If the voters of the designated area authorize the issuance of bonds for a particular purpose, a district may not issue bonds from any other authorization for the same purposes, and only revenue and taxes from the designated area may be used to retire the bonds.
Added by Acts 1987, 70th Leg., ch. 600, Sec. 1, eff. Aug. 31, 1987.