Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 12. PLANNING AND DEVELOPMENT |
Subtitle C1. ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT |
Chapter 507. SPACEPORT DEVELOPMENT CORPORATIONS |
Subchapter D. BONDS |
Sec. 507.152. BONDS NOT OBLIGATION OF CERTAIN ENTITIES
Latest version.
-
Bonds issued by a spaceport development corporation are not an obligation or a pledge of the faith and credit of this state, a political subdivision that authorized the creation of the corporation, or another political subdivision or agency of this state.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 3.01, eff. April 1, 2009.