Sec. 172.301. REVENUE BONDS. A district, by board resolution, may issue revenue bonds in amounts that the board considers necessary or appropriate for the acquisition, purchase, construction, reconstruction, repair, equipping, improvement, or extension of its rail facilities.
Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 2.04, eff. April 1, 2011.
Structure Texas Statutes
Subtitle I - Special Districts
Chapter 172 - Rural Rail Transportation Districts
Section 172.301. Revenue Bonds
Section 172.302. Security for Payment of Bonds
Section 172.303. Bonds as Authorized Investments and Security for Deposits of Public Funds
Section 172.304. Applicability of Public Improvement Financing Law
Section 172.305. Limit on Power
Section 172.306. Exemption From Review of Notes by Attorney General