(a) The district may issue bonds if authorized by a majority of district voters voting at an election held for that purpose.
(b) The district may issue bonds for any purpose permitted to a water control and improvement district.
AUTHORITY TO ISSUE BONDS
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.05, eff
(a) The district may issue bonds if authorized by a majority of district voters voting at an election held for that purpose.
(b) The district may issue bonds for any purpose permitted to a water control and improvement district.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.