Texas Statutes
§ 367.016 — BONDS AND NOTES NOT PAYABLE FROM TAXES.
Texas § 367.016
JurisdictionTexas
Code TNTransportation Code
This text of Texas § 367.016 (BONDS AND NOTES NOT PAYABLE FROM TAXES.) 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. § 367.016 (2026).
Text
Sec. 367.016. BONDS AND NOTES NOT PAYABLE FROM TAXES. A bond or note issued under this subchapter:
(1)is payable only from the revenue or another resource of the municipality; and
(2)is not a tax obligation of the municipality.
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Legislative History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.
Nearby Sections
15
§ 367.001
APPLICABILITY OF SUBCHAPTER.§ 367.002
DEFINITION.§ 367.005
AUTHORITY TO ISSUE REVENUE BONDS.§ 367.006
INTERIM FINANCING.§ 367.007
MATURITY.§ 367.008
PLEDGE OF REVENUE.§ 367.009
ADDITIONAL SECURITY.§ 367.010
ADDITIONAL BONDS.§ 367.011
TOLLS AND CHARGES.§ 367.012
PUBLIC PURPOSE.§ 367.014
REFUNDING BONDS AND NOTES.§ 367.015
SALE OF BONDS OR NOTES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 367.016, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/367.016.