Tex. Transp. Code § 362.054

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 362.054 - Bonds Not Considered Obligations of State

Bonds or other debt obligations of a political subdivision reviewed under this subchapter are obligations of the issuing entity and are not obligations of the state.

Tex. Transp. Code § 362.054

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.