1,327 chapters · 31,721 sections in this title.
Tex. Special District Local Laws Code § 1114.207 Maturity of Bonds
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Sec. 1114.207. MATURITY OF BONDS. District bonds must mature not later than 50 years after the date of issuance. Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff. April 1, 2015.
Tex. Special District Local Laws Code § 1114.208 Execution of Bonds
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Sec. 1114.208. EXECUTION OF BONDS. The board president shall execute the district's bonds in the district's name, and the board secretary shall countersign the bonds in the manner provided by Chapter 618, Government Code. Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), …
Tex. Special District Local Laws Code § 1114.209 Bonds Exempt From Taxation
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Sec. 1114.209. BONDS EXEMPT FROM TAXATION. The following are exempt from taxation by this state or a political subdivision of this state: (1) bonds issued or assumed by the district; (2) the transfer and issuance of the bonds; and (3) profits made in the sale of the bonds. Added …
Tex. Special District Local Laws Code § 1114.251 Imposition of Ad Valorem Tax
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Sec. 1114.251. IMPOSITION OF AD VALOREM TAX. (a) The board may impose a tax on all property in the district subject to district taxation. (b) The board may impose the tax to: (1) pay the indebtedness issued or assumed by the district; and (2) maintain and operate the district. Ad…