Section 228.105 - Sources of Payment of and Security for Toll Revenue Bonds Notwithstanding any other provisions of this subchapter, toll revenue bonds issued by the commission may:
(1) be payable from and secured by: (A) payments made under an agreement with a local governmental entity as provided by Section 228.254;(B) the proceeds of bonds issued for the toll project or system;(C) amounts deposited in a debt service reserve fund as required by the trust agreement securing bonds issued for the project or system; or(D) surplus revenue of another toll project or system as authorized by Section 228.006; and(2) state on their faces any pledge of revenue or taxes and any security for the bonds under the agreement.Tex. Transp. Code § 228.105
Transferred from Transportation Code, Section 361.174 and amended by Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.42, eff. June 14, 2005 Acts 2003, 78th Leg., 3rd C.S., ch. 8, Sec. 1.07, eff. Jan. 11, 2004 Acts 2003, 78th Leg., ch. 1325, Sec. 15.25, eff. June 21, 2003 Amended by Acts 2003, 78th Leg., ch. 312, Sec. 25, eff. June 18, 2003 Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.