Bond Issuance Plan Required Before Issuing Bonds

Tex. Special District Local Laws Code § 3886.203, under Chapter 3886. Prosper Management District No. 1.

Tex. Special District Local Laws Code § 3886.203

Sec. 3886.203. BOND ISSUANCE PLAN REQUIRED BEFORE ISSUING BONDS. The district may not issue bonds until the governing body of the town approves a bond issuance plan authorizing and prescribing the limitations on the issuance of the bonds. Added by Acts 2009, 81st Leg., R.S., Ch. 1077 (H.B. 4752), Sec. 1, eff. September 1, 2009.