BONDS AND NOTES NOT PAYABLE FROM TAXES.

Tex. TRANSP Code § 367.016.
in effect
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A bond or note issued under this subchapter: (1) is payable only from the revenue or another resource of the municipality; and (2) is not a tax obligation of the municipality. Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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