Texas Statutes
§ 1433.062 — MONEY USED TO PAY BONDS; PROHIBITION ON CERTAIN OBLIGATIONS.
Texas § 1433.062
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 1433.062 (MONEY USED TO PAY BONDS; PROHIBITION ON CERTAIN OBLIGATIONS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Government Code Code Ann. § 1433.062 (2026).
Text
Sec. 1433.062. MONEY USED TO PAY BONDS; PROHIBITION ON CERTAIN OBLIGATIONS.
(a)The principal of and the interest on bonds authorized under this chapter are payable only from the money provided for that payment and from the revenue of the industrial project or medical project for which the bonds were authorized.
(b)An issuer may not incur financial obligations that cannot be paid from revenue from the lease of an industrial project or medical project.
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Legislative History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Nearby Sections
15
§ 1433.001
SHORT TITLE.§ 1433.002
DEFINITIONS.§ 1433.004
COST OF PROJECT.§ 1433.005
ULTIMATE LESSEE.§ 1433.006
CORRECTION OF INVALID PROCEDURES.§ 1433.007
RELOCATION OR ALTERATION EXPENSE.§ 1433.008
USE OF STATE MONEY.§ 1433.021
ACQUISITION OF PROJECT; DISPOSITION.§ 1433.022
LIMITATIONS ON ACQUISITIONS.§ 1433.023
AUTHORITY TO ISSUE REVENUE BONDS.§ 1433.024
LEASE OF PROJECT.§ 1433.026
PROHIBITED OPERATIONS.§ 1433.041
DEPARTMENT APPROVAL OF LEASE; APPEAL.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1433.062, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/1433.062.