Texas Statutes

§ 9051.257 — BONDS SECURED BY REVENUE; ADDITIONAL BONDS.

Texas § 9051.257
JurisdictionTexas
Code SDSpecial District Local Laws Code

This text of Texas § 9051.257 (BONDS SECURED BY REVENUE; ADDITIONAL 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. § 9051.257 (2026).

Text

Sec. 9051.257. BONDS SECURED BY REVENUE; ADDITIONAL BONDS. District bonds may be secured by a pledge of all or part of the net revenue of the district, or by the net revenue of one or more contracts made before or after the issuance of the bonds, or other revenue in the manner specified by board resolution. The pledge may reserve the right, under conditions specified by the pledge, to issue additional bonds that will be on a parity with or subordinate to the bonds then being issued.

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Legislative History

Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162 ), Sec. 1.06, eff. April 1, 2017.

Nearby Sections

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Bluebook (online)
Texas § 9051.257, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/9051.257.