Texas Water Code

§ 54.810 — LIMITATION ON OTHER BOND AUTHORIZATIONS

WA § 54.810Title 4. GENERAL LAW DISTRICTS · Ch. 54. MUNICIPAL UTILITY DISTRICTS · Art. J. SERVICES FOR CERTAIN DEFINED AREAS AND DESIGNATED PROPERTY

Statute text

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If the voters of the designated area authorize the issuance of bonds for a particular purpose, a district may not issue bonds from any other authorization for the same purposes, and only revenue and taxes from the designated area may be used to retire the bonds.

Legislative history

Added by Acts 1987, 70th Leg., ch. 600, Sec. 1, eff. Aug. 31, 1987.