Sec. 1478.003. BOND PAYMENTS FROM REVENUE AND TAXES. Bonds issued as provided by this chapter may be payable from:
(1) tolls charged for use of the road;
(2) taxes; or
(3) a combination of tolls and taxes.
Added by Acts 2001, 77th Leg., ch. 1420, Sec. 8.0211(a), eff. Sept. 1, 2001.
Structure Texas Statutes
Subtitle I - Specific Authority for Counties to Issue Securities
Chapter 1478 - Additional Authority for Certain Coastal Counties to Issue Road Bonds
Section 1478.001. Applicability of Chapter
Section 1478.002. Authority to Issue Road Bonds
Section 1478.003. Bond Payments From Revenue and Taxes
Section 1478.005. Limitation on Declaring Certain Facilities Part of State Highway System