Tex. Water Code § 51.803
This is the official text of Tex. Water Code § 51.803, part of Texas’s Water Code — governs water rights and water resource management.
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§ 51.803. TAX TO PAY DISSOLUTION BONDS.
Official statutory text
The order issuing the dissolution bonds shall provide that the principal of and interest on the bonds shall be payable from the proceeds of a tax to be levied on the taxable property located in the district. The tax shall be in an amount sufficient for the payment of the principal and interest.
Status: in_force · Read it on the official government site
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