Sec. 5201.055. AUTHORITY TO ISSUE REVENUE BONDS. The district may issue bonds payable solely from revenue without:
(1) a petition for a bond election; or
(2) an election.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.04, eff. April 1, 2007.
Structure Texas Statutes
Special District Local Laws Code
Subtitle B - Road and Road Utility Districts
Chapter 5201 - Galveston County Road District No. 1
Section 5201.051. General Authority to Issue Bonds
Section 5201.052. Use of Bond Proceeds Limited
Section 5201.053. Security for Bonds
Section 5201.054. Authority to Issue Ad Valorem Tax Bonds