Texas § SD.3839.158 - BONDS AND OTHER OBLIGATIONS
Full text of Texas The Texas Constitution § SD.3839.158 — BONDS AND OTHER OBLIGATIONS, with citation guidance and answers to common questions.
§ SD.3839.158. BONDS AND OTHER OBLIGATIONS
BONDS AND OTHER OBLIGATIONS. (a) The district may issue by competitive bid or negotiated sale bonds, notes, or other obligations payable wholly or partly from taxes, assessments, impact fees, revenue, grants, or other money of the district, or any combination of those sources of money, to pay for any authorized purpose of the district. (b) In addition to any other terms authorized by the board by bond order or resolution, the proceeds of the district's bonds may be used for a reserve fund, credit enhancement, or capitalized interest for the bonds. (c) The limitation on the outstanding principal amount of bonds, notes, and other obligations provided by Section 49.4645 , Water Code, does not apply to the district. Added by Acts 2007, 80th Leg., R.S., Ch. 1285 (H.B. 4045 ), Sec. 1, eff. June 15, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § SD.3839.158
What does The Texas Constitution § SD.3839.158 cover?
Section SD.3839.158 ("BONDS AND OTHER OBLIGATIONS") 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.3839.158?
A common citation format is "The Texas Constitution § SD.3839.158" (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.3839.158 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.