Texas Government Code 1471.052 – Assessment as Security
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Terms Used In Texas Government Code 1471.052
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Bonds or certificates issued under this subchapter must be secured by a pledge of all or part of the money received by the road district from an assessment made against all taxable real property in the district under this subchapter.