The owner or holder of a bond issued under this subchapter is not entitled to demand payment of the principal of or interest on the bond from money raised by taxation.
Tex. Gov't Code § 1506.107
BONDS NOT PAYABLE FROM TAXES
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.