Transportation Code › Title 6 › Chapter 367 › Subchapter A

Texas Transportation Code § 367.016

Bonds and Notes Not Payable from Taxes

Municipal Toll Bridges Over Rio Grande · General Authority Relating to Toll Bridges

A bond or note issued under this subchapter:

(1) is payable only from the revenue or another resource of the municipality; and

(2) is not a tax obligation of the municipality.

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

Official source
Legislative history

Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.