Texas § 441.180 MANNER OF REPAYMENT.

Texas Statutes

§ 441.180 — MANNER OF REPAYMENT.

Texas § 441.180

Code TNTransportation Code

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Bluebook

Tex. Transportation Code Code Ann. § 441.180 (2026).

Text

Sec. 441.180. MANNER OF REPAYMENT.

(a)The board may provide for the payment of the principal of and interest on the bonds by one or more of the following methods:

(1)imposition and collection of ad valorem taxes;

(2)adoption of a plan of taxation authorized by Sections 51.502-51.506, Water Code, as provided by those sections; or

(3)pledging all or part of the fees under Section 441.197 .

(b)In this chapter, a reference to ad valorem taxes includes a reference to any other tax the board imposes as provided by this chapter. SUBCHAPTER J. TAXES

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Sec. 441.180. MANNER OF REPAYMENT. (a) The board may provide for the payment of the principal of and interest on the bonds by one or more of the following methods:
(1) imposition and collection of ad valorem taxes;
(2) adoption of a plan of taxation authorized by Sections 51.502-51.506, Water Code, as provided by those sections; or
(3) pledging all or part of the fees under Section 441.197 .
(b) In this chapter, a reference to ad valorem taxes includes a reference to any other tax the board imposes as provided by this chapter.
SUBCHAPTER J. TAXES