GroundRules
Tex. Transportation Code § 367.016: BONDS AND NOTES NOT PAYABLE FROM TAXES.
Where this section sits in the code
- TRANSPORTATION CODE
- TITLE 6. ROADWAYS
- SUBTITLE G. TURNPIKES AND TOLL PROJECTS
- CHAPTER 367. MUNICIPAL TOLL BRIDGES OVER RIO GRANDE
- SUBCHAPTER A. GENERAL AUTHORITY RELATING TO TOLL BRIDGES
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.
Collected 2026-08-27T01:47:44Z. Source file · JSON