Tex. Health & Safety Code § 383.034 · Subchapter C. BONDS
BONDS NOT GENERAL OBLIGATION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The bonds are special obligations payable solely from revenues pledged to their payment and are not general obligations of the governing body, the issuer, or the state. A bondholder may not demand payment from money obtained from a tax or other revenue of the issuer, excluding revenues pledged to the payment of the bonds.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.383.htm
- Text hash
- sha256 2ecd34c4a06a4d7c9ad32a1d29b774f6a09e592e638274ae36204d8a699583f4
- 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.