Sec. 1040.208. 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 1040.202 and revenue and other sources as authorized by Section 1040.207.
Added by Acts 2015, 84th Leg., R.S., Ch. 131 (H.B. 795), Sec. 6, eff. May 28, 2015.
Section: Previous 1040.152 1040.153 1040.154 1040.155 1040.201 1040.202 1040.203 1040.204 1040.205 1040.206 1040.207 1040.208 1040.209 1040.251 1040.252 NextLast modified: September 28, 2016