Tex. Transp. Code Section 362.054
Bonds Not Considered Obligations of State


Bonds or other debt obligations of a political subdivision reviewed under this subchapter are obligations of the issuing entity and are not obligations of the state.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 362.054 — Bonds Not Considered Obligations of State, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­362.­htm#362.­054 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 362.054’s source at texas​.gov