Limitation On Indebtedness

Tex. Special District Local Laws Code § 8837.153, under Terrell County Groundwater Conservation District.

Tex. Special District Local Laws Code § 8837.153

Sec. 8837.153. 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 2011, 82nd Leg., R.S., Ch. 336 (H.B. 2859), Sec. 1, eff. September 1, 2011.