BONDS SECURED SOLELY BY REVENUE.

Tex. TRANSP Code § 284.036.
in effect
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Bonds secured solely by a pledge of project revenue: (1) are not a debt of the county issuing the bonds but are solely a charge on project revenue; (2) may not be considered in determining the power of the county to issue for any purpose bonds payable in whole or in part from taxes; and (3) must state: "The holder hereof shall never have the right to demand payment of this obligation out of any funds raised or to be raised by taxation."
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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