Education Code › Title 3 › Chapter 55 › Subchapter B

Texas Education Code § 55.18

Bonds Not Obligations of the State

Financing Permanent Improvements · Revenue Bonds and Facilities

Bonds issued by a board are payable solely from the revenues, income, receipts, or other resources of the board, as provided in this subchapter, and such bonds shall never be an obligation of the State of Texas.

Official text of the Texas Education Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.