GroundRules
Tex. Health and Safety Code § 383.034: BONDS NOT GENERAL OBLIGATION.
Where this section sits in the code
- HEALTH AND SAFETY CODE
- TITLE 5. SANITATION AND ENVIRONMENTAL QUALITY
- SUBTITLE C. AIR QUALITY
- CHAPTER 383. CLEAN AIR FINANCING ACT
- SUBCHAPTER C. BONDS
The bonds are special obligations payable solely from revenues pledged to their payment and are not general obligations of the governing body, the issuer, or the state. A bondholder may not demand payment from money obtained from a tax or other revenue of the issuer, excluding revenues pledged to the payment of the bonds.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Collected 2026-08-27T01:47:17Z. Source file · JSON