Tex. Water Code § 51.445
This is the official text of Tex. Water Code § 51.445, part of Texas’s Water Code — governs water rights and water resource management.
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§ 51.445. ISSUANCE OF BONDS AND LEVY OF TAX.
Official statutory text
(a) After bonds other than preliminary bonds are voted, the board may authorize the issuance of the bonds in whole or in part as they are needed by the district.
(b) The board shall levy and annually assess and collect sufficient taxes to pay principal and interest on the bonds.
(c) The bonds may be approved by the attorney general and registered by the comptroller before the filing of the report of the commission under Section 51.421 of this code.
(b) The board shall levy and annually assess and collect sufficient taxes to pay principal and interest on the bonds.
(c) The bonds may be approved by the attorney general and registered by the comptroller before the filing of the report of the commission under Section 51.421 of this code.
Status: in_force · Read it on the official government site
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