Sec. 3931.206. CITY NOT REQUIRED TO PAY DISTRICT OBLIGATIONS. Except as provided by Section 375.263, Local Government Code, the city is not required to pay a bond, note, or other obligation of the district.
Added by Acts 2015, 84th Leg., R.S., Ch. 878 (H.B. 4147), Sec. 1, eff. June 18, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3931 - Missouri City Management District No. 1
Section 3931.201. Elections Regarding Taxes and Bonds
Section 3931.202. Operation and Maintenance Tax
Section 3931.203. Contract Taxes
Section 3931.204. Authority to Borrow Money and to Issue Bonds and Other Obligations
Section 3931.205. Taxes for Bonds
Section 3931.206. City Not Required to Pay District Obligations