Tex. Gov't Code § 2306.472 · Subchapter V. HOUSING FINANCE DIVISION BONDS: OBLIGATIONS OF DEPARTMENT AND STATE
DEPARTMENT'S BONDS OTHER THAN GENERAL OBLIGATION BONDS NOT OBLIGATIONS OF THE STATE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Except for bonds authorized by the Texas Constitution and issued under Section 2306.352, the department's bonds:
(1) are solely obligations of the department and are payable solely from funds of the housing finance division;
(2) are not an obligation, debt, or liability of the state; and
(3) do not create or constitute a pledge, giving, or lending of the faith, credit, or taxing power of the state.
Notes and commentary — not statutory text
History
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2306.htm
- Text hash
- sha256 771d311ac4000a0ab19d4d7924c86a0f27c4308b0371a1de2315a23c4088c74c
- 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
This section cites
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