Sec. 1509.206. BONDS NOT PAYABLE FROM TAXES. A bond issued under this subchapter:
(1) is payable only from the revenue, income, receipts, or another resource of the municipality as provided by this subchapter; and
(2) is not a tax obligation of the municipality.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
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