Texas law on any date › Water Code
Water Code §54.505
In force on Jun 18, 2003 · this text took effect Jun 18, 2003 · same as today's text
ELECTION ON TAX BONDS
Bonds payable solely from revenues may be issued by resolution or order of the board without an election, but no bonds, except refunding bonds, payable wholly or partially from ad valorem taxes shall be issued until authorized by a majority vote of the resident electors of the district voting in an election called and held for that purpose. An election is not required to pledge revenues to the payment of bonds.
History: Added by Acts 1971, 62nd Leg., p. 796, ch. 84, Sec. 1. Amended by Acts 2003, 78th Leg., ch. 248, Sec. 31, eff. June 18, 2003.
Source: the Legislature's file server, seen Sep 22, 2018 to Nov 08, 2026.
Every version on file
- Effective Jun 18, 2003 · seen Sep 2018–Nov 2026
A research copy. The official text is the Legislature's (statutes), the Secretary of State's (Texas Administrative Code) or eCFR's (federal rules). Not legal advice.