Sec. 8135.158. BOND ISSUANCE BY NEW DISTRICT. A new district may issue bonds payable wholly or partially from ad valorem taxes on the approval of a majority of the residents voting in an election called and held for that purpose.
Added by Acts 2005, 79th Leg., Ch. 464 (S.B. 1887), Sec. 1, eff. September 1, 2005.
Section: Previous 8135.004 8135.051 8135.052 8135.101 8135.102 8135.103 8135.104 8135.151 8135.152 8135.153 8135.154 8135.155 8135.156 8135.157 8135.158Last modified: September 28, 2016