Texas Transportation Code

§ 362.054 — BONDS NOT CONSIDERED OBLIGATIONS OF STATE

TN § 362.054Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 362. TURNPIKES AND TOLL PROJECTS · Art. B. COMMISSION APPROVAL OF TOLL PROJECTS

Statute text

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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.

Legislative history

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