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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The board shall not issue bonds payable in whole or in part from ad valorem taxes.
(b) The board may receive and spend the proceeds of bonds payable from taxes which are issued by the governing body of the county for park purposes after the bonds are authorized at an election held in the manner required by law.
Cite this article: FindLaw.com - Texas Natural Resources Code - NAT RES § 62.137. Tax Bonds - last updated January 01, 2024 | https://codes.findlaw.com/tx/natural-resources-code/nat-res-sect-62-137/
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