Texas Statutes
§ 3983.0503 — BONDS AND OTHER OBLIGATIONS FOR IMPROVEMENT UNDER AGREEMENT.
Texas § 3983.0503
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 3983.0503 (BONDS AND OTHER OBLIGATIONS FOR IMPROVEMENT UNDER AGREEMENT.) 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. Special District Local Laws Code Code Ann. § 3983.0503 (2026).
Text
Sec. 3983.0503. BONDS AND OTHER OBLIGATIONS FOR IMPROVEMENT UNDER AGREEMENT. If an improvement will be financed by an obligation and the obligation will be secured by the pledge of assessments, the district must enter into an agreement, which may be the development agreement, governing the financing of the improvement before the issuance of the obligation. An obligation issued under this section may be in the form of bonds, notes, or other obligations, payable wholly or partly from assessments, and may be issued, by public or private sale, in the manner provided by Subchapter A , Chapter 372 , Local Government Code.
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Legislative History
Added by Acts 2019, 86th Leg., R.S., Ch. 475 (H.B. 4733 ), Sec. 1, eff. June 7, 2019.
Nearby Sections
15
§ 3983.0101
DEFINITIONS.§ 3983.0102
NATURE OF DISTRICT.§ 3983.0103
PURPOSE; DECLARATION OF INTENT.§ 3983.0104
FINDINGS OF BENEFIT AND PUBLIC PURPOSE.§ 3983.0105
INITIAL DISTRICT TERRITORY.§ 3983.0106
ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES.§ 3983.0108
CONSTRUCTION OF CHAPTER.§ 3983.0201
GOVERNING BODY; TERMS.§ 3983.0202
EX OFFICIO DIRECTORS.§ 3983.0203
MEETINGS; NOTICE.§ 3983.0204
COMPENSATION; EXPENSES.§ 3983.0205
INITIAL DIRECTORS.§ 3983.0301
GENERAL POWERS AND DUTIES.§ 3983.03011
DEVELOPMENT AGREEMENT.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 3983.0503, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/3983.0503.