Texas § 55.528 OPERATING UNDER A LIMITATION ON POWER TO INCUR DEBT.

Texas Statutes

§ 55.528 — OPERATING UNDER A LIMITATION ON POWER TO INCUR DEBT.

Texas § 55.528

Code WAWater Code

This text of Texas § 55.528 (OPERATING UNDER A LIMITATION ON POWER TO INCUR DEBT.) 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. Water Code Code Ann. § 55.528 (2026).

Text

Sec. 55.528. OPERATING UNDER A LIMITATION ON POWER TO INCUR DEBT.

(a)If no petition is presented under Section 55.526 of this code or if the limitation on the power to incur debt is approved at the election, the district, during the limitation period, may not issue bonds under any statute or the constitution in excess of the limited amount except to complete construction work for which bonds may be issued within the limitation.

(b)The board shall issue bonds in excess of the limitation to complete these works only after the commission has approved the plans and specifications of the original and uncompleted works together with the estimates of their cost.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 55.528. OPERATING UNDER A LIMITATION ON POWER TO INCUR DEBT. (a) If no petition is presented under Section 55.526 of this code or if the limitation on the power to incur debt is approved at the election, the district, during the limitation period, may not issue bonds under any statute or the constitution in excess of the limited amount except to complete construction work for which bonds may be issued within the limitation.
(b) The board shall issue bonds in excess of the limitation to complete these works only after the commission has approved the plans and specifications of the original and uncompleted works together with the estimates of their cost.