Texas § 6604.201 AUTHORITY TO ISSUE BONDS.

Texas Statutes

§ 6604.201 — AUTHORITY TO ISSUE BONDS.

Texas § 6604.201

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 6604.201 (2026).

Text

Sec. 6604.201. AUTHORITY TO ISSUE BONDS. The commissioners court may:

(1)issue district bonds to finance carrying out any power or purpose granted by this chapter to the district; and

(2)provide for the payment of the interest on the bonds as it accrues and for a sinking fund for the redemption of the bonds as they mature by imposing a tax on all taxable property in the district, as shown by the most recent certified appraisal roll of the district, at a rate sufficient for that purpose.

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Sec. 6604.201. AUTHORITY TO ISSUE BONDS. The commissioners court may:
(1) issue district bonds to finance carrying out any power or purpose granted by this chapter to the district; and
(2) provide for the payment of the interest on the bonds as it accrues and for a sinking fund for the redemption of the bonds as they mature by imposing a tax on all taxable property in the district, as shown by the most recent certified appraisal roll of the district, at a rate sufficient for that purpose.