Tex. Water Code § 54.505
This is the official text of Tex. Water Code § 54.505, part of Texas’s Water Code — governs water rights and water resource management.
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§ 54.505. ELECTION ON TAX BONDS.
Official statutory text
Bonds payable solely from revenues may be issued by resolution or order of the board without an election, but no bonds, except refunding bonds, payable wholly or partially from ad valorem taxes shall be issued until authorized by a majority vote of the resident electors of the district voting in an election called and held for that purpose. An election is not required to pledge revenues to the payment of bonds.
Status: in_force · Read it on the official government site
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