Sec. 8501.253. NO CREATION OF DEBT; NO PAYMENT FROM TAXES. (a) An obligation issued under this chapter is not a debt or a pledge of credit of the authority. (b) The obligation: (1) may not be paid in whole or part from any money raised by taxation; and (2) must contain a recital to that effect. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
No Creation of Debt; No Payment From Taxes
Tex. Special District Local Laws Code § 8501.253, under Angelina and Neches River Authority.
Tex. Special District Local Laws Code § 8501.253