Texas Water Code § 55.402 Bond Election

Sec. 55.402. BOND ELECTION. The district may issue negotiable revenue bonds with a total par value of not more than $100,000 without the necessity of holding an election, but it may not issue bonds with a total par value of more than $100,000 unless the bond issue is approved at an election held under the law governing bond elections.

Acts 1971, 62nd Leg., p. 459, ch. 58, Sec. 1, eff. Aug. 30, 1971.

Section: Previous  55.366  55.367  55.368  55.369  55.370  55.371  55.401  55.402  55.403  55.404  55.405  55.406  55.407  55.408  55.421  Next

Last modified: September 28, 2016