Tex. Water Code § 51.525
PLEDGE OF FAITH AND CREDIT
Texas · Texas Water Code · Status: effective
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- Citation
- Tex. Water Code § 51.525, PLEDGE OF FAITH AND CREDIT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/581016
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Full text
If at an election the electors approve the issuance of bonds and the levy of a tax which applies only to a defined area, the district may issue bonds which pledge only the faith and credit based on the property values in the defined area; however, the district may pledge the full faith and credit of the entire district under the condition of authorization in Section 51.529 of this code.