Sec. 55.401. AUTHORITY OF DISTRICTS WITH MILITARY BASE TO ISSUE BONDS. Any district operating under Article XVI, Section 59, of the Texas Constitution, which contains all or part of a United States military camp or base may issue negotiable revenue bonds to provide funds for acquiring or constructing filtration and pumping equipment, pipelines, and other facilities for supplying water to military camps or bases.
Acts 1971, 62nd Leg., p. 459, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 55 - Water Improvement Districts
Subchapter I. Supplying Water to Military Camps
Section 55.401. Authority of Districts With Military Base to Issue Bonds
Section 55.403. Interest Rate and Maturity Date
Section 55.404. Security for Bonds
Section 55.405. Approval; Registration
Section 55.406. Validity of Bonds