{"data":{"id":"us-tx/tex.-transportation-code-431.070","jurisdiction":"us-tx","citation":"Tex. Transportation Code § 431.070","heading":"BONDS AND NOTES.","body":"(a) A corporation may issue bonds and notes to carry out its purpose.\n(b) The bonds and notes may be issued under any power or authority available to the corporation, including Chapter 1201, Government Code.\n(c) A bond or note must state on its face that it is not an obligation of the State of Texas.\nActs 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.394, eff. Sept. 1, 2001.","path":["TRANSPORTATION CODE","TITLE 6. ROADWAYS","SUBTITLE I. TRANSPORTATION CORPORATIONS","CHAPTER 431. TEXAS TRANSPORTATION CORPORATION ACT","SUBCHAPTER C. CORPORATE POWERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TN/htm/TN.431.htm#431.070","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:44Z","sha256":"9a6073a8782299ac08b0a3c8e2fccdf0a31b86c8b30065ce8d47bcb00a5aa805","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-transportation-code-431.069","next":"us-tx/tex.-transportation-code-431.071"},"notice":"GroundRules: Original legal text. Not legal advice."}