Texas Auxiliary Water Laws

§ 7861 — BONDS: LIMIT OF ISSUE

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

WL § 7861Ch. 3. WATER CONTROL AND PRESERVATION DISTRICTS

Said bonds shall not exceed in amount one-fourth of the assessed valuation of the real property of such district.

Legislative history

Acts 1918, 35th Leg., 4th C.S., p. 74, ch. 43; Acts 1979, 66th Leg., p. 2317, ch. 841, Sec. 4(i), eff. Jan. 1, 1982.