Authority To Issue Bonds and Other Obligations

Tex. Special District Local Laws Code § 3870.201, under Chapter 3870. Maverick Improvement Districtof Palo Pinto County.

Tex. Special District Local Laws Code § 3870.201

Sec. 3870.201. AUTHORITY TO ISSUE BONDS AND OTHER OBLIGATIONS. The district may issue bonds or other obligations payable wholly or partly from ad valorem taxes, impact fees, revenue, contract payments, grants, or other district money, or any combination of those sources, to pay for any authorized district purpose. Added by Acts 2009, 81st Leg., R.S., Ch. 245 (S.B. 2470), Sec. 1, eff. September 1, 2009.