Tex. Water Code § 51.407

This is the official text of Tex. Water Code § 51.407, part of Texas’s Water Code — governs water rights and water resource management.

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§ 51.407. TAX TO PAY PRELIMINARY BONDS.

Official statutory text

At the time preliminary bonds are issued, a tax shall be levied to pay principal and interest as the bonds mature and to pay the cost of assessing and collecting the taxes.

Status: in_force · Read it on the official government site

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