Sec. 1503.105. BONDS NOT PAYABLE FROM TAXES. A municipality may not use proceeds of a tax to pay the principal of or interest on: (1) bonds issued under this subchapter; or (2) bonds issued to refund bonds issued under this subchapter. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Bonds Not Payable From Taxes
Tex. Government Code § 1503.105, under Chapter 1503. Obligations For Municipal Airports.
Tex. Government Code § 1503.105