Texas Transportation Code

§ 171.251 — PLEDGE OF REVENUE

TN § 171.251Title 5. RAILROADS · Part I. SPECIAL DISTRICTS · Ch. 171. FREIGHT RAIL DISTRICTS · Art. F. FINANCIAL PROVISIONS

Statute text

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A district may secure and pledge revenue derived from any source to secure the payment of district bonds. Added by Acts 2005, 79th Leg., Ch. 756 (H.B. 2958), Sec. 1, eff. June 17, 2005. Amended by:

Legislative history

Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 4.07, eff. April 1, 2011.