The board by resolution may authorize the issuance of obligations for one or more of the purposes described by Section 563.066(b) that are payable solely from the revenue of one or more systems.
Tex. Loc. Gov't Code § 563.067
AUTHORITY TO ISSUE REVENUE OBLIGATIONS
Added by Acts 1999, 76th Leg., ch. 227, Sec. 15, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.