Texas § WA.57.177 - FINANCING THE DISTRICT WITHOUT BONDS
Full text of Texas The Texas Constitution § WA.57.177 — FINANCING THE DISTRICT WITHOUT BONDS, with citation guidance and answers to common questions.
§ WA.57.177. FINANCING THE DISTRICT WITHOUT BONDS
FINANCING THE DISTRICT WITHOUT BONDS. (a) If the district wants to carry out its purposes without issuing bonds, the board may arrange for contributions from landowners or other sources to provide the funds required to complete the improvements. (b) The electors of the district may vote to create an indebtedness which is not evidenced by bonds. (c) If the district creates an indebtedness under this section, the indebtedness may not be more than: (1) the cost of construction of the improvements included in the engineer's report; (2) the cost of maintaining the improvements for two years; and (3) an additional amount equal to 10 percent to meet emergencies, modifications, and changes lawfully made, plus damages awarded against the district. Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 1981, 67th Leg., p. 983, ch. 367, Sec. 36, eff. June 10, 1981; Acts 2003, 78th Leg., ch. 248, Sec. 43, eff. June 18, 2003.
Frequently Asked Questions About Texas § WA.57.177
What does The Texas Constitution § WA.57.177 cover?
Section WA.57.177 ("FINANCING THE DISTRICT WITHOUT 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.57.177?
A common citation format is "The Texas Constitution § WA.57.177" (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.57.177 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.