Texas § SD.3833.359 - PLEDGES
Full text of Texas The Texas Constitution § SD.3833.359 — PLEDGES, with citation guidance and answers to common questions.
§ SD.3833.359. PLEDGES
PLEDGES. (a) The district may pledge to the payment of the principal or interest or any other amounts due under district bonds all or any part of: (1) district taxes; (2) revenue from a public improvement financed under this chapter, except as provided by Subsection (c); or (3) money from grants, donations, or other income or funds received or to be received from any public or private entity. (b) The district shall set and collect the pledged funds in amounts that are at least sufficient, with any other pledged resources, to provide for all payments of principal, interest, and any other amounts due or required in connection with the bonds and, to the extent required by the order or resolution authorizing the issuance of the bonds, to provide for the payment of expenses in connection with the bonds and to pay operation, maintenance, and other expenses in connection with the public improvements undertaken by the district. (c) The district may not encumber, or pledge revenue under this section from, a public improvement that the district may be required to transfer under Section 3833.151 . Added by Acts 2005, 79th Leg., Ch. 468 (S.B. 1892 ), Sec. 1, eff. June 17, 2006. SUBCHAPTER I. ADDITIONAL ELECTION PROVISIONS
Frequently Asked Questions About Texas § SD.3833.359
What does The Texas Constitution § SD.3833.359 cover?
Section SD.3833.359 ("PLEDGES") 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.3833.359?
A common citation format is "The Texas Constitution § SD.3833.359" (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.3833.359 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.