Tex. Water Code § 54.811

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 54.811 - Pledge of Faith and Credit

If at an election, the voters approve the issuance of bonds and the levy of a tax that applies only to a designated area, the district may issue bonds that pledge only the faith and credit based on the property values in the defined area and may not pledge the full faith and credit of the district.

Tex. Water Code § 54.811

Added by Acts 1987, 70th Leg., ch. 600, Sec. 1, eff. 8/31/1987.