Texas § SD.11006.259 - CHARGES FOR AUTHORITY SERVICES
Full text of Texas The Texas Constitution § SD.11006.259 — CHARGES FOR AUTHORITY SERVICES, with citation guidance and answers to common questions.
§ SD.11006.259. CHARGES FOR AUTHORITY SERVICES
CHARGES FOR AUTHORITY SERVICES. (a) If authority bonds payable wholly from revenue are issued, the board shall set and from time to time revise the rates of compensation for water sold and services provided by the authority. The rates must be sufficient to: (1) pay the expenses of operating and maintaining authority facilities; (2) pay the principal of and interest on the bonds when due; and (3) maintain the reserve fund and other funds as provided in the resolution authorizing the bonds. (b) If bonds payable partly from revenue are issued, the board shall set and from time to time revise the rate of compensation for water sold and any other services provided by the authority. The rate must be sufficient to ensure compliance with the resolution authorizing the bonds or the trust indenture securing the bonds. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162 ), Sec. 1.07, eff. April 1, 2017.
Frequently Asked Questions About Texas § SD.11006.259
What does The Texas Constitution § SD.11006.259 cover?
Section SD.11006.259 ("CHARGES FOR AUTHORITY SERVICES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § SD.11006.259?
A common citation format is "The Texas Constitution § SD.11006.259" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § SD.11006.259 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.