Texas Statutes
§ 66.314 — PROVISIONS OF BONDS.
Texas § 66.314
JurisdictionTexas
Code WAWater Code
This text of Texas § 66.314 (PROVISIONS OF 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. Water Code Code Ann. § 66.314 (2026).
Text
Sec. 66.314. PROVISIONS OF BONDS.
(a)In the orders or resolutions authorizing the issuance of bonds, including refunding bonds, the board may provide for the flow of funds, the establishment and maintenance of the interest and sinking fund, the reserve fund, and other funds and may make additional covenants with respect to the bonds and the pledged fees.
(b)The orders or resolutions of the board authorizing the issuance of bonds may also prohibit the further issuance of bonds or other obligations payable from the pledged fees or may reserve the right to issue additional bonds to be secured by a pledge of and payable from the fees on a parity with or subordinate to the pledge in support of the bonds being issued.
(c)The orders or resolutions of the board issuing bonds may contain other p
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Legislative History
Added by Acts 1985, 69th Leg., ch. 734, Sec. 1, eff. Sept. 1, 1985.
Nearby Sections
15
§ 66.001
DEFINITIONS.§ 66.011
CREATION.§ 66.012
PURPOSE OF DISTRICT.§ 66.013
COMPOSITION OF DISTRICT.§ 66.014
PETITION.§ 66.015
CONTENTS OF PETITION.§ 66.016
DISTRICT NAME.§ 66.020
APPEAL OF COMMISSION ORDER.§ 66.021
TEMPORARY DIRECTORS.§ 66.101
BOARD OF DIRECTORS.§ 66.102
QUALIFICATION OF DIRECTORS.§ 66.118
RULES.§ 66.201
GENERAL POWERS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 66.314, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/66.314.