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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 1207.0621: SOURCES AVAILABLE FOR PAYMENT.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 9. PUBLIC SECURITIES
  3. SUBTITLE A. GENERAL PROVISIONS
  4. CHAPTER 1207. REFUNDING BONDS
  5. SUBCHAPTER C. DIRECT DEPOSIT WITH PAYING AGENT

An issuer may pledge to the payment of a refunding bond issued to make a deposit under this subchapter:

(1) any surplus income to be earned from the investment of a deposit made under this subchapter;

(2) any other available revenue, income, or resource; or

(3) both surplus income described by Subdivision (1) and any other available revenue, income, or resource.

Added by Acts 2001, 77th Leg., ch. 1420, Sec. 8.003, eff. Sept. 1, 2001.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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