Tex. Health & Safety Code Section 362.043
Bonds Not General Obligation

The bonds are special obligations payable solely from revenues pledged to their payment and are not general obligations of the governing body, the issuer, or the state. A bondholder may not demand payment from money obtained from a tax or other revenue of the issuer, excluding revenues pledged to the payment of the bonds.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.

Source: Section 362.043 — Bonds Not General Obligation, https://statutes.­capitol.­texas.­gov/Docs/HS/htm/HS.­362.­htm#362.­043 (accessed Jun. 5, 2024).

Jun. 5, 2024

§ 362.043’s source at texas​.gov