Texas § SD.3939.0505 - BONDS SECURED BY AD VALOREM TAXES
Full text of Texas The Texas Constitution § SD.3939.0505 — BONDS SECURED BY AD VALOREM TAXES, with citation guidance and answers to common questions.
§ SD.3939.0505. BONDS SECURED BY AD VALOREM TAXES
BONDS SECURED BY AD VALOREM TAXES; ELECTIONS. (a) If authorized at an election under Section 3939.0501 , the district may issue bonds payable from ad valorem taxes. (b) At the time the district issues bonds payable wholly or partly from ad valorem taxes, the board shall provide for the annual imposition of a continuing direct annual ad valorem tax, without limit as to rate or amount, for each year that all or part of the bonds are outstanding as required and in the manner provided by Sections 54.601 and 54.602 , Water Code. (c) All or any part of any facilities or improvements that may be acquired by a district by the issuance of its bonds may be submitted as a single proposition or as several propositions to be voted on at the election. Added by Acts 2023, 88th Leg., R.S., Ch. 563 (H.B. 5355 ), Sec. 1, eff. June 11, 2023.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § SD.3939.0505
What does The Texas Constitution § SD.3939.0505 cover?
Section SD.3939.0505 ("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.3939.0505?
A common citation format is "The Texas Constitution § SD.3939.0505" (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.3939.0505 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.