Tex. Gov't Code § 1508.054 · Subchapter B. REVENUE BONDS FOR SWIMMING POOLS
BONDS NOT DEBT OF MUNICIPALITY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A bond issued under this subchapter:
(1) is not a debt of the municipality;
(2) may be a charge only on the property or income pledged for the payment of the bond; and
(3) may not be included in determining the power of the municipality to issue bonds for any other purpose authorized by law.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1508.htm
- Text hash
- sha256 fc4e41927840d519859d9858171ecf034d63ccf7b11de130f84ef7a8200ac331
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.