Texas Special District Local Laws Code § 1119.151 Additional Means Of Securing Repayment Of Bonds

Sec. 1119.151. ADDITIONAL MEANS OF SECURING REPAYMENT OF BONDS. In addition to the authority to issue general obligation bonds and revenue bonds under Subchapter G, Chapter 286, Health and Safety Code, the board may provide for the security and repayment of district bonds from a pledge of a combination of taxes as authorized by Section 286.142, Health and Safety Code, and revenue and other sources as authorized by Section 286.144, Health and Safety Code.

Added by Acts 2011, 82nd Leg., R.S., Ch. 946 (H.B. 811), Sec. 1, eff. June 17, 2011.

Section: Previous  1119.001  1119.051  1119.101  1119.151

Last modified: September 28, 2016