Texas § HS.364.054 - DISTRICT BOND VALIDATION BY SUIT
Full text of Texas The Texas Constitution § HS.364.054 — DISTRICT BOND VALIDATION BY SUIT, with citation guidance and answers to common questions.
§ HS.364.054. DISTRICT BOND VALIDATION BY SUIT
DISTRICT BOND VALIDATION BY SUIT. (a) As an alternative for, or in addition to, the procedure provided by Section 364.053 , the board of directors of a district may validate its bonds by filing suit under Chapter 1205 , Government Code. (b) The interest rate and sale price of the bonds need not be fixed until after the termination of the validation proceedings or suit. (c) If the proposed bonds recite that they are secured by the proceeds of a contract made by the district and one or more public agencies, the petition must allege that fact and the notice of the suit must mention that allegation and each public agency's fund or revenues from which the contract is payable. (d) The suit is a proceeding in rem, and the judgment is res judicata as to the validity of the bonds and any contract and the pledge of revenues. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.271, eff. Sept. 1, 2001.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § HS.364.054
What does The Texas Constitution § HS.364.054 cover?
Section HS.364.054 ("DISTRICT BOND VALIDATION BY SUIT") 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 § HS.364.054?
A common citation format is "The Texas Constitution § HS.364.054" (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 § HS.364.054 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.