{"data":{"id":"us-tx/tex.-government-code-1509.205","jurisdiction":"us-tx","citation":"Tex. Government Code § 1509.205","heading":"ADDITIONAL SECURITY.","body":"(a) Bonds issued under this subchapter may be additionally secured by:\n(1) an encumbrance on any real property owned by the municipality;\n(2) an encumbrance on any personal property appurtenant to that real property; or\n(3) a pledge of any portion of a grant, donation, revenue, or income received or to be received from the United States or any other public or private source.\n(b) The governing body of the municipality may authorize the execution of a trust indenture, mortgage, deed of trust, or other instrument as evidence of the encumbrance.\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 1509. OBLIGATIONS FOR OTHER MUNICIPAL PURPOSES","SUBCHAPTER E. BONDS FOR ACQUISITION OF PROPERTY BY MUNICIPALITY OPERATING TOLL BRIDGE OVER RIO GRANDE"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1509.htm#1509.205","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"613fbc42440283273a6daa35bf69e22bf386c678424fb32d9e083e05f9b41c8c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1509.204","next":"us-tx/tex.-government-code-1509.206"},"notice":"GroundRules: Original legal text. Not legal advice."}