Texas Statutes
§ 1504.005 — BONDS NOT PAYABLE FROM TAXES; EXCEPTION.
Texas § 1504.005
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 1504.005 (BONDS NOT PAYABLE FROM TAXES; EXCEPTION.) 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. § 1504.005 (2026).
Text
Sec. 1504.005. BONDS NOT PAYABLE FROM TAXES; EXCEPTION.
(a)The owner or holder of a bond issued under this subchapter is not entitled to demand payment of the principal of or interest on the bond from money raised by taxation.
(b)Subsection (a) does not apply to a demand for payment from hotel occupancy taxes that are pledged under Chapter 351 , Tax Code, to the payment of the bond.
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Legislative History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Nearby Sections
15
§ 1504.001
AUTHORITY FOR CERTAIN FACILITIES.§ 1504.002
AUTHORITY TO ISSUE REVENUE BONDS.§ 1504.003
PLEDGE OF REVENUE.§ 1504.004
LIEN ON FACILITY.§ 1504.005
BONDS NOT PAYABLE FROM TAXES; EXCEPTION.§ 1504.006
CONTENTS OF ORDINANCE AUTHORIZING BONDS.§ 1504.007
ADOPTION AND EXECUTION OF DOCUMENTS.§ 1504.008
MATURITY.§ 1504.009
SIGNATURES.§ 1504.010
SALE OF BONDS.§ 1504.011
INVESTMENT OF BOND PROCEEDS AND FUNDS.§ 1504.012
TERM OF CERTAIN LEASES.§ 1504.013
CHARGES FOR SERVICES.§ 1504.014
REFUNDING BONDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1504.005, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/1504.005.