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Tex. Parks & Wild. Code § 22.031

ADDITIONAL SECURITY FOR BONDS

Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff

(a) If, after reasonable effort, the department is unable to sell the bonds, the bonds may be additionally secured by a deed of trust lien on the land and property comprising the park, or any part of it, after the department has obtained written approval of the governor.

(b) The governor may not give his approval under this section until he has obtained the advice and consent of the Legislative Budget Board.

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