Texas Transportation Code

§ 228.105 — SOURCES OF PAYMENT OF AND SECURITY FOR TOLL REVENUE BONDS

TN § 228.105Title 6. ROADWAYS · Part B. STATE HIGHWAY SYSTEM · Ch. 228. STATE HIGHWAY TOLL PROJECTS · Art. C. TOLL REVENUE BONDS

Notwithstanding any other provisions of this subchapter, toll revenue bonds issued by the commission may:

(1)be payable from and secured by:

(A)payments made under an agreement with a local governmental entity as provided by Section 228.254;

(B)the proceeds of bonds issued for the toll project or system;

(C)amounts deposited in a debt service reserve fund as required by the trust agreement securing bonds issued for the project or system; or

(D)surplus revenue of another toll project or system as authorized by Section 228.006; and

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