Sec. 563.101. PLEDGE FOR PAYMENT OF BONDS. The commissioners court of a county may provide for the payment of the principal of and interest on bonds issued under this chapter:
(1) by pledging all or part of the county's revenue from its wastewater collection and treatment system or water supply and distribution system; or
(2) from other sources.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 15, eff. Sept. 1, 1999.
Renumbered from Local Government Code, Section 413.101 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.76(b)(3), eff. April 1, 2009.
Structure Texas Statutes
Title 13 - Water and Utilities
Subchapter C. Bonds for Water or Wastewater System
Section 563.101. Pledge for Payment of Bonds
Section 563.102. Additional Bond Security
Section 563.103. Contents of Order or Resolution Authorizing Issuance of Bonds
Section 563.104. Adoption and Execution of Documents
Section 563.106. Authorized Investment for Savings and Loan Association