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236 chapters · 5,326 sections in this title.
Tex. Local Government Code § 336.304 Short-Term Bonds
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Sec. 336.304. SHORT-TERM BONDS. (a) The board by resolution may issue bonds that are secured by revenue or taxes of the district if the bonds: (1) have a term of not more than 12 months; and (2) are payable only from revenue or taxes received on or after the date of their issuanc…
Tex. Local Government Code § 336.305 Election Required For Certain Bonds Secured By Taxes
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Sec. 336.305. ELECTION REQUIRED FOR CERTAIN BONDS SECURED BY TAXES. Except for short-term bonds issued under Section 336.304, bonds payable wholly or partly from taxes may not be issued unless authorized by a majority of the votes received in an election held for that purpose. Ad…
Tex. Local Government Code § 336.306 Security Pledged
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Sec. 336.306. SECURITY PLEDGED. (a) To secure the payment of a district's bonds, the district may: (1) pledge all or part of revenue realized from any tax that the district may impose; (2) pledge all or part of revenue from library facilities; or (3) mortgage all or part of the d…
Tex. Local Government Code § 336.307 Lien On Revenue
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Sec. 336.307. LIEN ON REVENUE. The expense of operation and maintenance of library facilities, including salaries, labor, materials, and repairs necessary to provide efficient service, and every other proper item of expense are a first lien and charge against the revenue of a dis…