Sec. 171.251. PLEDGE OF REVENUE. A district may secure and pledge revenue derived from any source to secure the payment of district bonds.
Added by Acts 2005, 79th Leg., Ch. 756 (H.B. 2958), Sec. 1, eff. June 17, 2005.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 4.07, eff. April 1, 2011.
Structure Texas Statutes
Subtitle I - Special Districts
Chapter 171 - Freight Rail Districts
Subchapter F. Financial Provisions
Section 171.251. Pledge of Revenue
Section 171.252. Purchase Contracts
Section 171.253. Ad Valorem and Sales and Use Taxes Prohibited
Section 171.254. Fees Charged to Railroads
Section 171.255. Port Terminal Railroad Association Rail Facilities