Bonds Payable From Revenue

Tex. Government Code § 1503.002, under Obligations For Municipal Airports.

Tex. Government Code § 1503.002

Sec. 1503.002. BONDS PAYABLE FROM REVENUE. Bonds issued under this subchapter must be payable from all or a designated part of the revenue from the airport for which the bonds are issued, as provided in the ordinance authorizing the bonds. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.