Tex. Spec. Dists. Code § 7502.202

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 7502.202 - Purpose of Bonds

Bonds sold under this subchapter must be for the purpose of:

(1) constructing improvements, additions, and extensions to the authority's water system and rebuilding, replacing, or protecting the water system as required to provide efficient service;

(2) acquiring necessary sites and easements; and

(3) paying any incidental costs, professional fees, and costs of issuance of the bonds.

Tex. Spec. Dist. Loc. Laws § 7502.202

Added by Acts 2005, 79th Leg., Ch. 729, Sec. 1.05, eff. 4/1/2007.