Sec. 51.403. AMOUNT OF DEBT LIMITED BY CONSTITUTION. No district may issue bonds or create indebtedness in an amount which is more than that authorized by the Texas Constitution. Acts 1971, 62nd Leg., p. 335, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Amount of Debt Limited By Constitution
Tex. Water Code § 51.403, under Water Control and Improvement Districts.
Tex. Water Code § 51.403