Texas Statutes
§ 62.202 — TAXES; SINKING FUND INVESTMENT.
Texas § 62.202
JurisdictionTexas
Code WAWater Code
This text of Texas § 62.202 (TAXES; SINKING FUND INVESTMENT.) 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. § 62.202 (2026).
Text
Sec. 62.202. TAXES; SINKING FUND INVESTMENT.
(a)After district bonds have been voted, the commissioners court shall levy and have assessed and collected on all property in the district taxes sufficient in amount to pay the interest on the bonds and to annually deposit an amount in the sinking fund sufficient to discharge and redeem the bonds at their maturity.
(b)If advisable, the sinking fund shall from time to time be invested by the commissioners court in county, municipal, district, or other bonds which may be approved by the attorney general.
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Legislative History
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Nearby Sections
15
§ 62.001
DEFINITIONS.§ 62.021
CREATION OF DISTRICT.§ 62.022
COMPOSITION.§ 62.023
PETITION.§ 62.024
DEPOSIT.§ 62.025
DATE OF HEARING.§ 62.026
HEARING BEFORE THE BOARD.§ 62.027
NOTICE OF HEARING.§ 62.028
HEARING ON PETITION.§ 62.029
FINDINGS.§ 62.030
ELECTION ORDER.§ 62.031
NOTICE OF ELECTION.§ 62.032
BALLOT.§ 62.033
CONDUCT OF ELECTION.§ 62.034
CANVASS OF RETURNS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 62.202, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/62.202.