Sec. 1432.007. BONDS NOT PAYABLE FROM TAXES. A holder of a bond issued under this chapter is not entitled to demand payment of the bond from money raised by taxation.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities
Chapter 1432 - Bonds for Local Government Sports Centers
Section 1432.001. Applicability of Chapter
Section 1432.003. Authority for Sports Centers
Section 1432.004. Authority to Issue Revenue Bonds
Section 1432.005. Pledge of Revenue
Section 1432.006. Additional Security
Section 1432.007. Bonds Not Payable From Taxes
Section 1432.009. Additional Bonds
Section 1432.010. Sale of Bonds
Section 1432.011. Review and Approval of Contracts Relating to Bonds
Section 1432.013. Refunding Bonds