Tex. Water Code § 55.402

This is the official text of Tex. Water Code § 55.402, part of Texas’s Water Code — governs water rights and water resource management.

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§ 55.402. BOND ELECTION.

Official statutory text

The district may issue negotiable revenue bonds with a total par value of not more than $100,000 without the necessity of holding an election, but it may not issue bonds with a total par value of more than $100,000 unless the bond issue is approved at an election held under the law governing bond elections.

Status: in_force · Read it on the official government site

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