BONDS SECURED BY REVENUE OR CONTRACT PAYMENTS.
Tex. SPEC. DIST. LOCAL LAWS Code § 3983.0502.
in effectThe district may issue, without an election, bonds secured by:
(1) revenue, including contract revenues; or
(2) contract payments, provided that the requirements of Section 49.108 , Water Code, have been met.
Added by Acts 2019, 86th Leg., R.S., Ch. 475 (H.B. 4733 ), Sec. 1, eff. June 7, 2019.
