Tex. Gov't Code § 1509.206

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1509.206 - Bonds Not Payable From Taxes

A bond issued under this subchapter:

(1) is payable only from the revenue, income, receipts, or another resource of the municipality as provided by this subchapter; and

(2) is not a tax obligation of the municipality.

Tex. Gov't. Code § 1509.206

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.