Tex. Natural Resources Code § 62.137
TAX BONDS
Texas · Texas Natural Resources Code · Status: effective
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- Citation
- Tex. Natural Resources Code § 62.137, TAX BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/695463
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Full text
(a) The board shall not issue bonds payable in whole or in part from ad valorem taxes.
(b) The board may receive and spend the proceeds of bonds payable from taxes which are issued by the governing body of the county for park purposes after the bonds are authorized at an election held in the manner required by law.