Sec. 56.205. BONDS: APPROVAL. (a) After the bonds are sold, the district shall submit to the attorney general:
(1) the actual bonds;
(2) a certified copy of the board's order levying a tax to pay interest and create a sinking fund;
(3) a statement of the district's total bonded indebtedness including the value of the bonds proposed to be issued and the value of taxable property in the district as shown by the last official assessment of the appraisal district in which the district participates; and
(4) other information the attorney general requires.
(b) The attorney general shall examine the bonds carefully and shall certify them if he finds that they conform to the constitution and laws of this state and are valid and binding obligations of the district.
Acts 1971, 62nd Leg., p. 516, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 2001, 77th Leg., ch. 298, Sec. 9, eff. Sept. 1, 2001.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 56 - Drainage Districts
Subchapter F. Issuance of Bonds and Notes
Section 56.201. Authority to Issue Bonds
Section 56.202. Issuance of Bonds
Section 56.203. Record Book for Bonds
Section 56.204. Bonds: Requisites
Section 56.205. Bonds: Approval
Section 56.209. Use of Unsold Bonds for Maintenance Purposes
Section 56.210. Refunding Bonds
Section 56.211. Refunding Bond Election
Section 56.212. Approval and Issuance of Refunding Bonds
Section 56.213. Tax Anticipation Notes; Bond Anticipation Notes