Tex. Health & Safety Code Section 383.034
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 383.034 — Bonds Not General Obligation, https://statutes.­capitol.­texas.­gov/Docs/HS/htm/HS.­383.­htm#383.­034 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 383.034’s source at texas​.gov