Statutes, codes, and regulations
Texas Administrative Code
Title 1 - ADMINISTRATIONPart 3 - OFFICE OF THE ATTORNEY GENERALChapter 53 - MUNICIPAL SECURITIES
Subchapter E - APPROVAL OF ISSUES OF CERTIFICATES OF OBLIGATION
Section 53.80 - Limitation of Payment for Certificates Payable from Revenues Other Than Taxes

1 Tex. Admin. Code § 53.80

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Current through Reg. 49, No. 52; December 27, 2024
Section 53.80 - Limitation of Payment for Certificates Payable from Revenues Other Than Taxes

Certificates, and any interest coupons attached thereto, payable solely from revenues other than taxes shall have printed on their faces a statement to the effect that the holder of said obligation shall never have the right to demand payment of said obligation out of any funds raised or to be raised by taxation.

1 Tex. Admin. Code § 53.80

The provisions of this §53.80 adopted to be effective January 1, 1976.