Texas § GV.1477.063 - ADDITIONAL BONDS
Full text of Texas The Texas Constitution § GV.1477.063 — ADDITIONAL BONDS, with citation guidance and answers to common questions.
§ GV.1477.063. ADDITIONAL BONDS
ADDITIONAL BONDS. (a) Unless otherwise provided in the bond order, if the proceeds of bonds issued to pay for a project are not sufficient to pay the cost of the project, the county may issue additional bonds under this subchapter not to exceed the amount of the deficit. (b) If permitted by the order originally authorizing bonds to pay for a project, the county may issue additional bonds for improving, repairing, or extending the project. (c) Bonds issued under Subsection (b): (1) may be payable: (A) solely from a pledge of the net revenue of the project; or (B) from the net revenue of the project and the imposition of an ad valorem tax; and (2) must be approved at an election in the same manner as bonds originally issued to pay the costs of the project. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Frequently Asked Questions About Texas § GV.1477.063
What does The Texas Constitution § GV.1477.063 cover?
Section GV.1477.063 ("ADDITIONAL BONDS") 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 § GV.1477.063?
A common citation format is "The Texas Constitution § GV.1477.063" (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 § GV.1477.063 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.