1 Texas Administrative Code § 53.80 – Limitation of Payment for Certificates Payable from Revenues Other Than Taxes

Certificates, and any interest coupons attached thereto, payable solely from revenues other than taxes shall have printed on their faces a statement to the effect that the holder of said obligation shall never have the right to demand payment of said obligation out of any funds raised or to be raised by taxation.

See also  Texas Administrative Code Title 1 Section 20.295

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