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Tex. Spec. Dist. Local Laws Code § 5201.051

GENERAL AUTHORITY TO ISSUE BONDS

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.04, eff

(a) The district may issue bonds to:

(1) construct, maintain, and operate macadamized, graveled, or paved roads and turnpikes; and

(2) aid an activity described by Subdivision (1).

(b) The Commissioners Court of Galveston County may issue bonds for the district in the same manner as provided by general law for road district bonds.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.