Sec. 8128.108. BOND ISSUANCE BY NEW DISTRICT. A new district may issue bonds payable wholly or partially from ad valorem taxes on the approval of a majority of the residents voting in an election called and held for that purpose. Added by Acts 2005, 79th Leg., Ch. 445 (S.B. 1823), Sec. 1, eff. September 1, 2005.
Bond Issuance By New District
Tex. Special District Local Laws Code § 8128.108, under Schertz Municipal Utility District No. 1.
Tex. Special District Local Laws Code § 8128.108