Tex. Gov't Code § 1207.0621 · Subchapter C. DIRECT DEPOSIT WITH PAYING AGENT
SOURCES AVAILABLE FOR PAYMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
An issuer may pledge to the payment of a refunding bond issued to make a deposit under this subchapter:
(1) any surplus income to be earned from the investment of a deposit made under this subchapter;
(2) any other available revenue, income, or resource; or
(3) both surplus income described by Subdivision (1) and any other available revenue, income, or resource.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1420, Sec. 8.003, eff. Sept. 1, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1207.htm
- Text hash
- sha256 513d74e60f61b7bb3c829f58c3b2b5b412acfad2c9240c03829a7dc406493e3b
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Gov't Code § 1207.0621. Each shows the citation as that text prints it.
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