Pledge For Payment of Bonds

Tex. Local Government Code § 563.101, under Water, Wastewater, Or Solid Waste Systems In Counties With Population of 10,000 Or Less.

Tex. Local Government Code § 563.101

Sec. 563.101. PLEDGE FOR PAYMENT OF BONDS. The commissioners court of a county may provide for the payment of the principal of and interest on bonds issued under this chapter: (1) by pledging all or part of the county's revenue from its wastewater collection and treatment system or water supply and distribution system; or (2) from other sources. Added by Acts 1999, 76th Leg., ch. 227, Sec. 15, eff. Sept. 1, 1999. Renumbered from Local Government Code, Section 413.101 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.76(b)(3), eff. April 1, 2009.