{"data":{"id":"us-tx/tex.-local-government-code-322.077","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 322.077","heading":"BONDS NOT STATE OR COUNTY DEBT.","body":"(a) The bonds are not a debt of either of the counties, of this state, or of the individual members of the board, but are payable solely from the income and properties of the board.\n(b) Each bond must contain on its face substantially the following provision: \"The holder hereof shall never have the right to demand payment of this obligation out of any funds raised or to be raised by taxation.\"\nActs 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.","path":["LOCAL GOVERNMENT CODE","TITLE 10. PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES","SUBTITLE B. COUNTY PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES","CHAPTER 322. JOINT PARKS BOARD AND PARK BONDS: ADJACENT COUNTIES WITH POPULATIONS OF 2.1 MILLION OR MORE","SUBCHAPTER D. REVENUE BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.322.htm#322.077","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"9a82c779005fe19c4379714cdbdb4ed9a84bea833fb6abb272b334bb3f63f964","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-322.076","next":"us-tx/tex.-local-government-code-322.078"},"notice":"GroundRules: Original legal text. Not legal advice."}