{"data":{"id":"us-tx/tex.-local-government-code-501.206","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 501.206","heading":"MONEY USED TO PAY BONDS.","body":"The principal of and interest on bonds issued by a corporation are payable only from the money provided for that payment and from the revenue of the project or projects for which the bonds were authorized.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.","path":["LOCAL GOVERNMENT CODE","TITLE 12. PLANNING AND DEVELOPMENT","SUBTITLE C1. ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT","CHAPTER 501. PROVISIONS GOVERNING DEVELOPMENT CORPORATIONS","SUBCHAPTER E. CORPORATE POWERS AND LIMITATIONS RELATING TO BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.501.htm#501.206","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"ba067b06c28c7f935c0bbb2788ce295fc16df24b718db37e0caeb4ae23974149","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-501.205","next":"us-tx/tex.-local-government-code-501.207"},"notice":"GroundRules: Original legal text. Not legal advice."}