In pledging the rents, revenues, and income, the department may expressly reserve the right to issue additional bonds on a parity with or subordinate to the bonds then being issued.
Tex. Parks & Wild. Code § 22.030
RIGHT TO ISSUE ADDITIONAL BONDS
Acts 1975, 64th Leg., p. 1405, ch. 545, 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.