Tex. Transp. Code § 367.060 · Subchapter B. ACQUIRING EXISTING BRIDGE; BUILDING REPLACEMENT OR ADDITIONAL BRIDGE
BONDS AND WARRANTS NOT PAYABLE FROM TAXES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Bonds and warrants issued under this subchapter are not a debt of the municipality that issues them and are a charge only against:
(1) the pledged revenues of the toll bridge; and
(2) the property comprising the toll bridge, if a lien is given on that property.
(b) A bond or warrant issued under this subchapter must include substantially the following provision: "The holder of this obligation is not entitled to demand payment of this obligation out of any money raised by taxation."
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, 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/TN/htm/TN.367.htm
- Text hash
- sha256 c636d351f6d8b9f98a89687bcee74894497fce864bec342c277727ccc4b73e14
- 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.