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Tex. Gov't Code § 1505.056

PAYMENT OF BONDS

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

The principal of and interest on bonds issued under this subchapter are payable solely from revenue, including rents and other charges received from any reclaimed or reconstructed land, derived from the project for which the bonds were issued.

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