An obligation must be repaid from:
(1) a source of security for the payment of the obligation;
(2) money received from a credit agreement; or
(3) any other revenue legally available for the payment of the obligation.
SOURCE OF REPAYMENT OF OBLIGATION
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff
An obligation must be repaid from:
(1) a source of security for the payment of the obligation;
(2) money received from a credit agreement; or
(3) any other revenue legally available for the payment of the obligation.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.