Sec. 1473.003. BONDS NOT PAYABLE FROM TAXES. An owner of a bond issued under this subchapter is not entitled to demand payment of the principal of or interest on 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 I - Specific Authority for Counties to Issue Securities
Chapter 1473 - Obligations for County Buildings
Subchapter A. Bonds for Public Libraries
Section 1473.001. Authority to Issue Public Library Bonds
Section 1473.002. Pledge of Revenue
Section 1473.003. Bonds Not Payable From Taxes
Section 1473.004. Contents of Order Authorizing Bonds
Section 1473.005. Adoption and Execution of Documents
Section 1473.007. Operating and Leasing Charges