Texas Statutes
§ 61.232 — LIMITATION ON BOND ISSUE.
Texas § 61.232
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This text of Texas § 61.232 (LIMITATION ON BOND ISSUE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Water Code Code Ann. § 61.232 (2026).
Text
Sec. 61.232. LIMITATION ON BOND ISSUE. Outstanding bonds and additional bonds which are authorized may not be more than one-fourth of the assessed value of the real property in the district, as shown by the last tax roll for the district.
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Legislative History
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 1979, 66th Leg., p. 2321, ch. 841, Sec. 4(r), eff. Jan. 1, 1982.
Nearby Sections
15
§ 61.001
DEFINITIONS.§ 61.021
CREATION.§ 61.022
AREA INCLUDED IN DISTRICT.§ 61.026
DEPOSIT.§ 61.027
HEARING.§ 61.028
NOTICE OF HEARING.§ 61.029
HEARING BY BOARD.§ 61.030
CONDUCT OF HEARING.§ 61.031
FINDINGS.§ 61.033
ELECTION ORDER.§ 61.034
ELECTIONS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 61.232, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/61.232.