Sec. 3932.206. 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. 983 (H.B. 4156), Sec. 1, eff. June 19, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3932 - Missouri City Management District No. 2
Section 3932.201. Elections Regarding Taxes and Bonds
Section 3932.202. Operation and Maintenance Tax
Section 3932.203. Contract Taxes
Section 3932.204. Authority to Borrow Money and to Issue Bonds and Other Obligations
Section 3932.205. Taxes for Bonds
Section 3932.206. City Not Required to Pay District Obligations