Tex. Water Code § 58.524

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 58.524 - Pledge of Faith and Credit

If at an election the electors approve the issuance of bonds and the levy of a tax which applies only to a defined area, the district may issue bonds which pledge only the faith and credit based on the property values in the defined area; however, the district may pledge the full faith and credit of the entire district under the condition of authorization in Section 58.528 of this code.

Tex. Water Code § 58.524

Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. 8/29/1977.