Gavvy: Spec. Dist. Loc. Laws Code, Sec. 9055.251. Authority to Issue Bonds.

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Sec. 9055.251. Authority to Issue Bonds.


Sec. 9055.251.  AUTHORITY TO ISSUE BONDS.  (a)  The district may issue bonds to:
(1)  provide a source of water supply for municipalities and other users for municipal, domestic, and industrial purposes; or
(2)  carry out any other power conferred by this chapter.
(b)  The bonds must be authorized by a board resolution.
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.

Gavvy last updated this database on: Sep 6, 2024