Section 3905.154. Municipality Not Required to Pay District Obligations

TX Spec Dist Code § 3905.154 (2019) (N/A)

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Sec. 3905.154. MUNICIPALITY NOT REQUIRED TO PAY DISTRICT OBLIGATIONS. Except as provided by Section 375.263, Local Government Code, a municipality is not required to pay a bond, note, or other obligation of the district.

Added by Acts 2011, 82nd Leg., R.S., Ch. 358 (H.B. 3857), Sec. 1, eff. June 17, 2011.

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Section 3905.155. Tax Increment Financing Powers