1,327 chapters · 31,721 sections in this title.
Tex. Special District Local Laws Code § 1007.203 Bond Election
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Sec. 1007.203. BOND ELECTION. (a) The board may issue bonds under Section 1007.201 only if the bonds are authorized by a majority of the district voters voting in an election held for that purpose. The total face value of the bonds may not exceed the amount specified in the elect…
Tex. Special District Local Laws Code § 1007.204 Maturity of Bonds
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Sec. 1007.204. MATURITY OF BONDS. District bonds must mature not later than 40 years after the date of issuance. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Tex. Special District Local Laws Code § 1007.205 Execution of Bonds
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Sec. 1007.205. EXECUTION OF BONDS. (a) The board president shall execute the bonds in the district's name. (b) The board secretary shall countersign the bonds. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009. SUBCHAPTER F. TAXES
Tex. Special District Local Laws Code § 1007.251 Imposition of Ad Valorem Tax
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Sec. 1007.251. IMPOSITION OF AD VALOREM TAX. (a) The board shall impose a tax on all property in the district subject to district taxation. (b) The tax may be used only to: (1) pay the interest on and create a sinking fund for bonds issued under this chapter; (2) provide for the …