Texas § WA.55.525 - LIMITING DISTRICT'S POWER TO INCUR DEBT
Full text of Texas The Texas Constitution § WA.55.525 — LIMITING DISTRICT'S POWER TO INCUR DEBT, with citation guidance and answers to common questions.
§ WA.55.525. LIMITING DISTRICT'S POWER TO INCUR DEBT
LIMITING DISTRICT'S POWER TO INCUR DEBT. (a) The board of any district operating under the provisions of Article XVI, Section 59 , of the Texas Constitution, may limit the power of the district to incur debt and issue bonds in the manner provided by this subchapter. (b) The board may adopt a resolution declaring that for a period of not more than 10 years the district may not issue bonds in excess of 25 percent of the assessed value of taxable property of the district according to the last assessment for district purposes. Acts 1971, 62nd Leg., p. 472, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § WA.55.525
What does The Texas Constitution § WA.55.525 cover?
Section WA.55.525 ("LIMITING DISTRICT'S POWER TO INCUR DEBT") 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.55.525?
A common citation format is "The Texas Constitution § WA.55.525" (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.55.525 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.