Texas § SD.9059.206 - BONDS SECURED BY AD VALOREM TAXES
Full text of Texas The Texas Constitution § SD.9059.206 — BONDS SECURED BY AD VALOREM TAXES, with citation guidance and answers to common questions.
§ SD.9059.206. BONDS SECURED BY AD VALOREM TAXES
BONDS SECURED BY AD VALOREM TAXES. (a) If bonds have been voted, the board shall impose a continuing ad valorem tax on all property in the district sufficient: (1) to pay the principal and interest on the bonds as the principal and interest respectively mature; (2) to create and maintain any reserve required by the resolution or resolutions authorizing the issuance of the bonds; (3) to pay the expense of assessing and collecting the tax; and (4) for anticipated delinquencies in the tax payments. (b) The board annually shall determine and set or cause to be determined and set the rate of the ad valorem tax to be imposed under this section. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162 ), Sec. 1.06, eff. April 1, 2017.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § SD.9059.206
What does The Texas Constitution § SD.9059.206 cover?
Section SD.9059.206 ("BONDS SECURED BY AD VALOREM TAXES") 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.9059.206?
A common citation format is "The Texas Constitution § SD.9059.206" (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.9059.206 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.