Bonds Not Payable From Taxes

Tex. Government Code § 1506.107, under Chapter 1506. Bonds For Municipal Parking and Transportation Facilities.

Tex. Government Code § 1506.107

Sec. 1506.107. BONDS NOT PAYABLE FROM TAXES. The owner or holder of a bond issued under this subchapter is not entitled to demand payment of the principal of or interest on the bond from money raised by taxation. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.