Sec. 8241.201. 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, grants, or other district money, or any combination of those sources, to pay for any authorized district purpose. Added by Acts 2007, 80th Leg., R.S., Ch. 948 (H.B. 3998), Sec. 1, eff. June 15, 2007.
Authority To Issue Bonds and Other Obligations
Tex. Special District Local Laws Code § 8241.201, under Southeast Montgomery County Municipal Utility District No. 1.
Tex. Special District Local Laws Code § 8241.201