{"data":{"id":"us-tx/tex.-government-code-1504.005","jurisdiction":"us-tx","citation":"Tex. Government Code § 1504.005","heading":"BONDS NOT PAYABLE FROM TAXES; EXCEPTION.","body":"(a) The owner or holder of a bond issued under this subchapter is not entitled to demand payment of the principal of or interest on the bond from money raised by taxation.\n(b) Subsection (a) does not apply to a demand for payment from hotel occupancy taxes that are pledged under Chapter 351, Tax Code, to the payment of the bond.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE J. SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIES","CHAPTER 1504. OBLIGATIONS FOR MUNICIPAL BUILDINGS","SUBCHAPTER A. REVENUE BONDS FOR CERTAIN FACILITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1504.htm#1504.005","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"b567cdc2c456fdd1631659ffb58f067054dad7ea3cd5785e6f5b55ec2800c318","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1504.004","next":"us-tx/tex.-government-code-1504.006"},"notice":"GroundRules: Original legal text. Not legal advice."}