Public-domain · open source
OpenJurist

Tex. Gov't Code § 2306.473

STATE NOT OBLIGATED TO PAY; FAITH AND CREDIT NOT PLEDGED

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff

A department bond not authorized by Section 2306.352 must contain a statement on the face of the bond that:

(1) the state is not obligated to pay the principal or interest on the bond; and

(2) the faith, credit, or taxing power of the state is not pledged, given, or loaned to payment of the bond's principal or interest.

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