{"data":{"id":"us-tx/tex.-government-code-1505.208","jurisdiction":"us-tx","citation":"Tex. Government Code § 1505.208","heading":"BONDS NOT PAYABLE FROM TAXES.","body":"(a) A bond issued under this subchapter:\n(1) is not a debt of the municipality; and\n(2) may be a charge only against the property, facilities, and contracts authorized by the bond authorization.\n(b) Each bond issued under this subchapter must state on its face the following provision: \"The holder of this obligation is not entitled to demand payment of this obligation from any money raised by taxation.\"\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 1505. OBLIGATIONS FOR COASTAL MUNICIPALITIES FOR COASTAL MATTERS","SUBCHAPTER E. BONDS FOR HARBOR IMPROVEMENTS AND FACILITIES IN COASTAL MUNICIPALITIES WITH POPULATION OF LESS THAN 12,000"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1505.htm#1505.208","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"fa19ef333752f0fb0681b84fd3d839abf5d784c4e7bdc2bcace036b4982f2be0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1505.207","next":"us-tx/tex.-government-code-1505.209"},"notice":"GroundRules: Original legal text. Not legal advice."}