No district may issue bonds or create indebtedness in an amount which is more than that authorized by the Texas Constitution.
Official text of the Texas Water Code as published by the Texas Legislative Council.
Water Code › Title 4 › Chapter 51 › Subchapter K
Texas Water Code § 51.403
Amount of Debt Limited by Constitution
Water Control and Improvement Districts · Issuance of Bonds
Legislative history
Acts 1971, 62nd Leg., p. 335, ch. 58, Sec. 1, eff. Aug. 30, 1971.