1,327 chapters · 31,721 sections in this title.
Tex. Special District Local Laws Code § 1116.204 Maturity of Bonds
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Sec. 1116.204. MATURITY OF BONDS. District bonds must mature not later than 40 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 § 1116.205 Execution of Bonds
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Sec. 1116.205. 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. Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff. April 1, 2015. SUBCHAPTER F. TAXES
Tex. Special District Local Laws Code § 1116.251 Imposition of Ad Valorem Tax
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Sec. 1116.251. 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 …
Tex. Special District Local Laws Code § 1116.252 Tax Rate
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Sec. 1116.252. TAX RATE. Unless the tax rate is increased as provided by Section 1116.253, the board may impose the tax at a rate not to exceed 35 cents on each $100 valuation of all property in the district subject to taxation. Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. …