Tex. Gov't Code § 1509.203

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

Section 1509.203 - Authority to Issue Revenue Bonds

To provide money to acquire, construct, improve, enlarge, or equip property or a facility for a public purpose, the governing body of a municipality may issue revenue bonds that are payable from and secured by a lien on and pledge of all or any part of the revenue, income, or receipts the municipality receives from its ownership and operation of:

(1) a portion of a toll bridge over the Rio Grande; or

(2) property, a facility, or an activity.

Tex. Gov't. Code § 1509.203

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.