Tax Bonds Prohibited

Tex. Special District Local Laws Code § 8868.152, under Southeast Texas Groundwater Conservation District.

Tex. Special District Local Laws Code § 8868.152

Sec. 8868.152. TAX BONDS PROHIBITED. The district may not issue any bonds or other obligations that pledge revenue derived from district taxation. Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.05, eff. April 1, 2015.