Texas § 365.039 COUNTY BONDS AND CERTIFICATES OF OBLIGATION.

Texas Statutes

§ 365.039 — COUNTY BONDS AND CERTIFICATES OF OBLIGATION.

Texas § 365.039

Code TNTransportation Code

This text of Texas § 365.039 (COUNTY BONDS AND CERTIFICATES OF OBLIGATION.) 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. Transportation Code Code Ann. § 365.039 (2026).

Text

Sec. 365.039. COUNTY BONDS AND CERTIFICATES OF OBLIGATION. A county may authorize, issue, and sell its bonds or certificates of obligation and use the proceeds to:

(1)call, redeem, and retire a district's outstanding bonds;

(2)remove the pledge of the revenue from a district's toll road project or other road, street, or highway project and the district's convenants in connection with the bonds and toll road project; and

(3)make the toll road project available for use of the public free from tolls and charges.

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Sec. 365.039. COUNTY BONDS AND CERTIFICATES OF OBLIGATION. A county may authorize, issue, and sell its bonds or certificates of obligation and use the proceeds to:
(1) call, redeem, and retire a district's outstanding bonds;
(2) remove the pledge of the revenue from a district's toll road project or other road, street, or highway project and the district's convenants in connection with the bonds and toll road project; and
(3) make the toll road project available for use of the public free from tolls and charges.