Sec. 9023.152. CERTAIN BOND COVENANTS AUTHORIZED. A resolution authorizing the issuance of district bonds may contain any covenant the board considers necessary to ensure:
(1) the creation and maintenance of proper reserves; and
(2) the payment of the principal of and interest on the bonds.
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle I - Water Control and Improvement Districts
Chapter 9023 - Duval County Conservation and Reclamation District
Section 9023.151. Authority to Issue Bonds
Section 9023.152. Certain Bond Covenants Authorized
Section 9023.154. Use of Bond Proceeds
Section 9023.155. Bonds Secured by Revenue; Additional Bonds