Limitation On Indebtedness

Tex. Special District Local Laws Code § 8819.153, under Panola County Groundwater Conservation District.

Tex. Special District Local Laws Code § 8819.153

Sec. 8819.153. LIMITATION ON INDEBTEDNESS. The district may issue bonds and notes under Subchapter F, Chapter 36, Water Code, except that the total indebtedness created by that issuance may not exceed $500,000 at any time. Added by Acts 2007, 80th Leg., R.S., Ch. 867 (H.B. 1498), Sec. 1, eff. June 15, 2007.