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Tex. Water Code § 51.525

PLEDGE OF FAITH AND CREDIT

Acts 1971, 62nd Leg., p. 354, ch. 58, Sec. 1, eff

If at an election the electors approve the issuance of bonds and the levy of a tax which applies only to a defined area, the district may issue bonds which pledge only the faith and credit based on the property values in the defined area; however, the district may pledge the full faith and credit of the entire district under the condition of authorization in Section 51.529 of this code.

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