Texas § WA.54.601 - TAX LEVY FOR BONDS
Full text of Texas The Texas Constitution § WA.54.601 — TAX LEVY FOR BONDS, with citation guidance and answers to common questions.
§ WA.54.601. TAX LEVY FOR BONDS
TAX LEVY FOR BONDS. At the time bonds payable in whole or in part from taxes are issued, the board shall levy a continuing direct annual ad valorem tax for each year while all or part of the bonds are outstanding on all taxable property within the district in sufficient amount to pay the interest on the bonds as it becomes due and to create a sinking fund for the payment of the principal of the bonds when due or the redemption price at any earlier required redemption date and to pay the expenses of assessing and collecting the taxes. Added by Acts 1971, 62nd Leg., p. 801, ch. 84, Sec. 1.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § WA.54.601
What does The Texas Constitution § WA.54.601 cover?
Section WA.54.601 ("TAX LEVY FOR 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 § WA.54.601?
A common citation format is "The Texas Constitution § WA.54.601" (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 § WA.54.601 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.