Texas Special District Local Laws Code § 1032.209 Additional Means Of Securing Repayment Of Bonds

Sec. 1032.209. ADDITIONAL MEANS OF SECURING REPAYMENT OF BONDS. In addition to the authority to issue general obligation bonds and revenue bonds under this subchapter, the board may provide for the security and payment of district bonds from a pledge of a combination of ad valorem taxes as authorized by Section 1032.202 and revenue and other sources authorized by Section 1032.206.

Added by Acts 2009, 81st Leg., R.S., Ch. 605 (H.B. 694), Sec. 5, eff. June 19, 2009.

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Last modified: September 28, 2016