{"data":{"id":"us-tx/tex.-local-government-code-293.052","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 293.052","heading":"JUNIOR LIEN BONDS; PARITY BONDS.","body":"(a) The authority may issue bonds constituting a junior lien on net revenues or property of the authority unless prohibited by the bond resolution or trust indenture.\n(b) The authority may issue parity bonds under conditions specified in the bond resolution or trust indenture.\nActs 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.","path":["LOCAL GOVERNMENT CODE","TITLE 9. PUBLIC BUILDINGS AND GROUNDS","SUBTITLE B. COUNTY PUBLIC BUILDINGS","CHAPTER 293. COUNTY BUILDING AUTHORITY ACT","SUBCHAPTER C. FUNDING"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.293.htm#293.052","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"26a2a530b8434bf0f7c94ef5331e8185f4384219c48875aff2d435b676b89b5b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-293.051","next":"us-tx/tex.-local-government-code-293.053"},"notice":"GroundRules: Original legal text. Not legal advice."}