Texas § 3943.0505 BONDS.

Texas Statutes

§ 3943.0505 — BONDS.

Texas § 3943.0505

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 3943.0505 (2026).

Text

Sec. 3943.0505. BONDS.

(a)The board may issue bonds as provided by Subchapter J , Chapter 375 , Local Government Code.

(b)In addition to the sources described in Subchapter J , Chapter 375 , Local Government Code, bonds issued by the district may be secured and made payable, in whole or in part, by a pledge of any part of the net proceeds the district receives from a specified portion of not more than one-half of the district's maximum sales and use tax amount authorized at an election held under Section 3943.0602 .

(c)Sections 375.207 and 375.208 , Local Government Code, do not apply to bonds issued under this section. SUBCHAPTER F. SALES AND USE TAX

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Sec. 3943.0505. BONDS. (a) The board may issue bonds as provided by Subchapter J , Chapter 375 , Local Government Code.
(b) In addition to the sources described in Subchapter J , Chapter 375 , Local Government Code, bonds issued by the district may be secured and made payable, in whole or in part, by a pledge of any part of the net proceeds the district receives from a specified portion of not more than one-half of the district's maximum sales and use tax amount authorized at an election held under Section 3943.0602 .
(c) Sections 375.207 and 375.208 , Local Government Code, do not apply to bonds issued under this section.
SUBCHAPTER F. SALES AND USE TAX