Tex. Transp. Code Section 365.039
County Bonds and Certificates of Obligation


A county may authorize, issue, and sell its bonds or certificates of obligation and use the proceeds to:

(1)

call, redeem, and retire a district’s outstanding bonds;

(2)

remove the pledge of the revenue from a district’s toll road project or other road, street, or highway project and the district’s convenants in connection with the bonds and toll road project; and

(3)

make the toll road project available for use of the public free from tolls and charges.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 365.039 — County Bonds and Certificates of Obligation, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­365.­htm#365.­039 (accessed Apr. 20, 2024).

Accessed:
Apr. 20, 2024

§ 365.039’s source at texas​.gov