Texas Statutes

§ 7803.206 — TAXES FOR BONDS.

Texas § 7803.206
JurisdictionTexas
Code SDSpecial District Local Laws Code

This text of Texas § 7803.206 (TAXES FOR BONDS.) 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. § 7803.206 (2026).

Text

Sec. 7803.206. TAXES FOR BONDS. The board may impose continuing direct annual ad valorem taxes on all taxable property in the district sufficient to:

(1)provide for the payment of interest on bonds issued under this subchapter as the interest accrues; and
(2)create and provide a sinking fund for the payment of principal of the bonds as the principal matures.

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Legislative History

Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026 ), Sec. 1.02, eff. April 1, 2015.

Nearby Sections

15
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Bluebook (online)
Texas § 7803.206, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/7803.206.