Texas Agriculture Code

§ 60.104 — APPROVAL OF ASSESSMENT BONDS

AG § 60.104Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 60. TEXAS AGRICULTURAL DEVELOPMENT DISTRICTS · Art. E. FINANCES; BONDS

Statute text

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A bond secured by an assessment may not be issued unless the district receives a written petition signed by each owner of the property being assessed requesting the assessment and the issuance of bonds.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1393, Sec. 1, eff. June 16, 2001.