Tex. Special District Local Laws Code § 4008.0504
OBLIGATIONS SECURED BY REVENUE OR CONTRACT PAYMENTS
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 4008.0504, OBLIGATIONS SECURED BY REVENUE OR CONTRACT PAYMENTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/601114
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Full text
The district may issue, without an election, bonds, notes, and other obligations secured by:
(1) revenue other than ad valorem taxes, including contract revenues; or
(2) contract payments, provided that the requirements of Section 49.108, Water Code, have been met.