Texas § 9019.201 AUTHORITY TO ISSUE BONDS.

Texas Statutes

§ 9019.201 — AUTHORITY TO ISSUE BONDS.

Texas § 9019.201

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 9019.201 (2026).

Text

Sec. 9019.201. AUTHORITY TO ISSUE BONDS. To carry out a power the district is authorized to perform, the district may issue bonds payable from and secured by:

(1)ad valorem taxes;

(2)all or part of the net revenue of the income-producing properties of the district, as specified by the board, after deducting reasonable expenses for maintenance, operation, and administration; or

(3)ad valorem taxes and the net revenue described by Subdivision (2).

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Sec. 9019.201. AUTHORITY TO ISSUE BONDS. To carry out a power the district is authorized to perform, the district may issue bonds payable from and secured by:
(1) ad valorem taxes;
(2) all or part of the net revenue of the income-producing properties of the district, as specified by the board, after deducting reasonable expenses for maintenance, operation, and administration; or
(3) ad valorem taxes and the net revenue described by Subdivision (2).