Tex. Business & Commerce Code § 671.104
AD VALOREM TAXES AND BONDS PROHIBITED
Texas · Texas Business & Commerce Code · Status: effective
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- Citation
- Tex. Business & Commerce Code § 671.104, AD VALOREM TAXES AND BONDS PROHIBITED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/631865
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Full text
The authority may not:
(1) impose an ad valorem tax; or
(2) issue bonds.