Texas Special District Local Laws Code 8511.0706 – Election for Bonds Payable From Ad Valorem Taxes
Current as of: 2024 | Check for updates
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(a) Authority bonds, other than refunding bonds, payable wholly or partly from ad valorem taxes may not be issued unless authorized by an election at which a majority of the votes cast favor the bond issuance. The election must be held in accordance with § 8511.0602.
(b) The authority may issue bonds not payable wholly or partly from ad valorem taxes without an election.
