Tex. Gov't Code Section 1207.0621
Sources Available for Payment

An issuer may pledge to the payment of a refunding bond issued to make a deposit under this subchapter:

(1)

any surplus income to be earned from the investment of a deposit made under this subchapter;

(2)

any other available revenue, income, or resource; or

(3)

both surplus income described by Subdivision (1) and any other available revenue, income, or resource.
Added by Acts 2001, 77th Leg., ch. 1420, Sec. 8.003, eff. Sept. 1, 2001.

Source: Section 1207.0621 — Sources Available for Payment, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­1207.­htm#1207.­0621 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 1207.0621’s source at texas​.gov