Tex. Transp. Code § 362.054

BONDS NOT CONSIDERED OBLIGATIONS OF STATE

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff

Bonds or other debt obligations of a political subdivision reviewed under this subchapter are obligations of the issuing entity and are not obligations of the state.

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