Texas § WA.60.338 - BONDS SECURED BY REVENUES
Full text of Texas The Texas Constitution § WA.60.338 — BONDS SECURED BY REVENUES, with citation guidance and answers to common questions.
§ WA.60.338. BONDS SECURED BY REVENUES
BONDS SECURED BY REVENUES. (a) Bonds secured wholly or in part by a pledge of the revenues of the district may be secured by all or that part of the revenues specified in the resolution authorizing the bonds or in the indenture securing the bonds. (b) In making any pledge of the revenues, the right under the conditions specified to issue additional bonds which will be on a parity with, senior to, or subordinate to the bonds then being issued, may be expressly reserved. (c) Within the discretion of the governing body, bonds may be secured further by a lien on all or any part of the physical property of the district. Added by Acts 1973, 63rd Leg., p. 770, ch. 343, Sec. 1, eff. Aug. 27, 1973.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § WA.60.338
What does The Texas Constitution § WA.60.338 cover?
Section WA.60.338 ("BONDS SECURED BY REVENUES") 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 § WA.60.338?
A common citation format is "The Texas Constitution § WA.60.338" (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 § WA.60.338 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.