Texas Statutes
§ 501.206 — MONEY USED TO PAY BONDS.
Texas § 501.206
JurisdictionTexas
Code LGLocal Government Code
This text of Texas § 501.206 (MONEY USED TO PAY BONDS.) 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. Local Government Code Code Ann. § 501.206 (2026).
Text
Sec. 501.206. MONEY USED TO PAY BONDS. The principal of and interest on bonds issued by a corporation are payable only from the money provided for that payment and from the revenue of the project or projects for which the bonds were authorized.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.01, eff. April 1, 2009.
Nearby Sections
15
§ 501.001
SHORT TITLE.§ 501.002
DEFINITIONS.§ 501.003
WHO MAY BE USER.§ 501.005
ADOPTION OF ALTERNATE PROCEDURE.§ 501.008
LIMITATION ON FINANCIAL OBLIGATION.§ 501.009
POLICE POWERS NOT AFFECTED.§ 501.051
AUTHORITY TO CREATE.§ 501.053
CORPORATION NONPROFIT; NET EARNINGS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 501.206, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/501.206.