Tex. Local Government Code § 382.152
BONDS; NOTES
Texas · Texas Local Government Code · Status: effective
Cite this
- Citation
- Tex. Local Government Code § 382.152, BONDS; NOTES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/693559
- Permanent ID
ys:prov:693559@1- SHA-256
9966680a974f83294e910b1da2e4fc69c22730b9ea902d3594301f1c940ca921
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) A district may not issue bonds unless approved by the commissioners court of the county that created the district. Bonds may not be issued unless approved by a majority of the voters of the district voting in an election held for that purpose. A bond election under this subsection does not affect prior bond issuances and is not required for refunding bond issuances.
(b) A district may not issue a negotiable promissory note or notes unless approved by the commissioners court of the county that created the district.
(c) If the commissioners court grants approval under this section, bonds, notes, and other district obligations may be secured by district revenue or any type of district taxes or assessments, or any combination of taxes and revenue pledged to the payment of bonds.