Texas § 2306.472 DEPARTMENT'S BONDS OTHER THAN GENERAL OBLIGATION BONDS NOT OBLIGATIONS OF THE STATE.

Texas Statutes

§ 2306.472 — DEPARTMENT'S BONDS OTHER THAN GENERAL OBLIGATION BONDS NOT OBLIGATIONS OF THE STATE.

Texas § 2306.472

Code GVGovernment Code

This text of Texas § 2306.472 (DEPARTMENT'S BONDS OTHER THAN GENERAL OBLIGATION BONDS NOT OBLIGATIONS OF THE STATE.) 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. § 2306.472 (2026).

Text

Sec. 2306.472. DEPARTMENT'S BONDS OTHER THAN GENERAL OBLIGATION BONDS NOT OBLIGATIONS OF THE STATE. Except for bonds authorized by the Texas Constitution and issued under Section 2306.352 , the department's bonds:

(1)are solely obligations of the department and are payable solely from funds of the housing finance division;

(2)are not an obligation, debt, or liability of the state; and

(3)do not create or constitute a pledge, giving, or lending of the faith, credit, or taxing power of the state.

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Sec. 2306.472. DEPARTMENT'S BONDS OTHER THAN GENERAL OBLIGATION BONDS NOT OBLIGATIONS OF THE STATE. Except for bonds authorized by the Texas Constitution and issued under Section 2306.352 , the department's bonds:
(1) are solely obligations of the department and are payable solely from funds of the housing finance division;
(2) are not an obligation, debt, or liability of the state; and
(3) do not create or constitute a pledge, giving, or lending of the faith, credit, or taxing power of the state.