Tex. Bus. & Com. Code § 671.104

AD VALOREM TAXES AND BONDS PROHIBITED

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff

The authority may not:

(1) impose an ad valorem tax; or

(2) issue bonds.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.