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Current as of January 01, 2024 | Updated by Findlaw Staff
A public agency may pay the principal of and interest on bonds:
(1) from the levy and collection of taxes on all taxable property in the public agency's boundaries if the public agency is authorized by law to levy and collect property taxes;
(2) by pledging all or part of the designated revenues from the ownership or operation of physical property of a solid waste management system, including a resource recovery system, or from a contract entered into by a public agency under this chapter; or
(3) from other income of the public agency.
Cite this article: FindLaw.com - Texas Health and Safety Code - HEALTH & SAFETY § 363.135. Bond Payment and Security - last updated January 01, 2024 | https://codes.findlaw.com/tx/health-and-safety-code/health-safety-sect-363-135/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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