Section 1473.137 - Bonds Not Payable From Taxes(a) Except as provided by Subsection (b), each bond issued under this subchapter must include the following provision: "The holder of this obligation is not entitled to demand payment of this obligation from money raised by taxation."(b) A bond may not contain the provision specified by Subsection (a) if the commissioners court has provided for the payment of the bond from tax revenue under Section 1473.136(b).Tex. Gov't. Code § 1473.137
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.