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Tex. Gov't Code § 1473.002

PLEDGE OF REVENUE

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff

The commissioners court shall provide for the payment of the principal of and interest on bonds issued under this subchapter by pledging all or part of the revenue derived from:

(1) the operation of the library building; or

(2) the lease of space in the library building.

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