Tex. Loc. Gov't Code § 507.152 · Subchapter D. BONDS
BONDS NOT OBLIGATION OF CERTAIN ENTITIES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Bonds issued by a spaceport development corporation are not an obligation or a pledge of the faith and credit of this state, a political subdivision that authorized the creation of the corporation, or another political subdivision or agency of this state.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.507.htm
- Text hash
- sha256 9c6347671d5f411b2e8817925b6328b1c11a37f300e5013c9a491ab3268776c8
- 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.