Tex. Government Code § 1474.055
ORDER ISSUING BONDS AND IMPOSING TAX
Texas · Texas Government Code · Status: effective
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- Tex. Government Code § 1474.055, ORDER ISSUING BONDS AND IMPOSING TAX, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/660789
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Full text
(a) If the issuance of the bonds and imposition of the tax are approved at the election, the commissioners court by order entered at a regular term of the court shall:
(1) direct the issuance of the bonds;
(2) provide for the annual imposition of a tax sufficient to pay the current interest on the bonds and to pay the principal of the bonds at maturity; and
(3) state the place or places at which the interest is payable.
(b) The commissioners court shall annually impose a tax sufficient to pay the current interest on the bonds and to pay the principal of the bonds at maturity.