Tex. Gov't Code § 1207.0621

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1207.0621 - Sources Available for Payment

An issuer may pledge to the payment of a refunding bond issued to make a deposit under this subchapter:

(1) any surplus income to be earned from the investment of a deposit made under this subchapter;

(2) any other available revenue, income, or resource; or

(3) both surplus income described by Subdivision (1) and any other available revenue, income, or resource.

Tex. Gov't. Code § 1207.0621

Added by Acts 2001, 77th Leg., ch. 1420, Sec. 8.003, eff. 9/1/2001.