Section 8509.0301. Authority to Issue Bonds

TX Spec Dist Code § 8509.0301 (2019) (N/A)
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Text of section effective on April 01, 2021

Sec. 8509.0301. AUTHORITY TO ISSUE BONDS. (a) The district may issue bonds to carry out any power conferred by this chapter, including to provide a source of water supply for municipalities and other users for agricultural, municipal, domestic, industrial, oil field flooding, and mining purposes.

(b) The bonds must be authorized by a board resolution.

Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.03, eff. April 1, 2021.