Section 365.039 - County Bonds and Certificates of Obligation A county may authorize, issue, and sell its bonds or certificates of obligation and use the proceeds to:
(1) call, redeem, and retire a district's outstanding bonds;(2) remove the pledge of the revenue from a district's toll road project or other road, street, or highway project and the district's convenants in connection with the bonds and toll road project; and(3) make the toll road project available for use of the public free from tolls and charges.Tex. Transp. Code § 365.039
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.