Texas § SD.6905.255 - BONDS SECURED BY REVENUE

Full text of Texas The Texas Constitution § SD.6905.255 — BONDS SECURED BY REVENUE, with citation guidance and answers to common questions.

§ SD.6905.255. BONDS SECURED BY REVENUE

BONDS SECURED BY REVENUE; ADDITIONAL BONDS. (a) Bonds issued under this subchapter may be secured by a pledge of all or part of the district's revenue, or by all or part of the revenue of one or more contracts previously or subsequently made or other revenue or income specified by board resolution or a trust indenture securing the bonds. The pledge may reserve the right, under conditions specified by the pledge, to issue additional bonds that will be on a parity with or subordinate to the bonds then being issued. (b) The district may issue bonds secured by both taxes and revenue of the district described by Subsection (a). Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166 ), Sec. 1.06, eff. April 1, 2009.

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Frequently Asked Questions About Texas § SD.6905.255

What does The Texas Constitution § SD.6905.255 cover?

Section SD.6905.255 ("BONDS SECURED BY REVENUE") 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.6905.255?

A common citation format is "The Texas Constitution § SD.6905.255" (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.6905.255 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.