Tex. Spec. Dists. Code § 8509.0306

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 8509.0306 - Bonds Payable From Ad Valorem Taxes

The board may issue bonds payable, as pledged by board resolution, from:

(1) ad valorem taxes imposed on taxable property in the district; or

(2) ad valorem taxes and revenue of the district.

Tex. Spec. Dist. Loc. Laws § 8509.0306

Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. TBD,Sec. 1.03, eff. 4/1/2021.