Education Code § 49.259 — United States — Texas law | Esheria

Education Code § 49.259

The governing board of a qualifying component school district may issue bonds and levy, pledge, and collect ad valorem taxes to pay those bonds. A component district that levies an ad valorem tax under this section may also be entitled to the guaranteed yield, if the stated tax-rate condition is met.

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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ad valorem taxes bond issuance school district finance

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