Texas Water Code 56.205 – Bonds: Approval
Current as of: 2024 | Check for updates
|
Other versions
(a) After the bonds are sold, the district shall submit to the attorney general:
(1) the actual bonds;
(2) a certified copy of the board’s order levying a tax to pay interest and create a sinking fund;
(3) a statement of the district’s total bonded indebtedness including the value of the bonds proposed to be issued and the value of taxable property in the district as shown by the last official assessment of the appraisal district in which the district participates; and
(4) other information the attorney general requires.
(b) The attorney general shall examine the bonds carefully and shall certify them if he finds that they conform to the constitution and laws of this state and are valid and binding obligations of the district.
Terms Used In Texas Water Code 56.205
- Appraisal: A determination of property value.
- Property: means real and personal property. See Texas Government Code 311.005
