Sec. 284.039. BONDS ARE SECURITIES. The bonds issued and delivered under this chapter and interest coupons on the bonds are a security under Chapter 8, Business & Commerce Code.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle D - Road Laws Relating to Particular Counties
Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties
Section 284.031. Bonds Authorized
Section 284.032. Tax Bond Election
Section 284.033. Interim Bonds
Section 284.034. Bond Sale to Pay Outstanding Bonds
Section 284.035. Bond Approval and Registration
Section 284.036. Bonds Secured Solely by Revenue
Section 284.037. Revenue Bond Election Not Required
Section 284.038. Revenue Bonds: Ad Valorem Tax for Maintenance and Operation
Section 284.039. Bonds Are Securities
Section 284.040. Effect of Lien
Section 284.041. Refunding Bonds
Section 284.042. Use of Bond Proceeds; Lien
Section 284.043. Costs and Expenses