Texas § GV.1477.064 - RATES AND CHARGES
Full text of Texas The Texas Constitution § GV.1477.064 — RATES AND CHARGES, with citation guidance and answers to common questions.
§ GV.1477.064. RATES AND CHARGES
RATES AND CHARGES. (a) If bonds issued under this subchapter are secured solely by a pledge of net revenue of the project, the commissioners court shall contract for and impose rates and charges for water supplied by the project that will be sufficient to: (1) operate and maintain the project; (2) pay when due the principal of and interest on the bonds; and (3) establish any reserves provided in the order authorizing the issuance of the bonds. (b) A bond secured solely by a pledge of net revenue: (1) is not a debt of the county issuing the bond; (2) may be a charge only on pledged revenue of a project; (3) may not be included in determining the power of the county to issue bonds or incur other debt for any purpose authorized by law; and (4) must contain the following provision: "The holder of this bond is not entitled to demand payment of this obligation out of any money raised by taxation." Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Frequently Asked Questions About Texas § GV.1477.064
What does The Texas Constitution § GV.1477.064 cover?
Section GV.1477.064 ("RATES AND CHARGES") 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.1477.064?
A common citation format is "The Texas Constitution § GV.1477.064" (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.1477.064 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.