Tex. Water Aux. Laws § 7861

BONDS: LIMIT OF ISSUE

Acts 1918, 35th Leg., 4th C.S., p. 74, ch. 43; Acts 1979, 66th Leg., p. 2317, ch. 841, Sec. 4(i), eff

Said bonds shall not exceed in amount one-fourth of the assessed valuation of the real property of such 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.