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Home > Title 1 > Part 3 > Chapter 53 >Subchapter E > Rule 53.79
TITLE 1 - ADMINISTRATION
PART 3 - OFFICE OF THE ATTORNEY GENERAL
CHAPTER 53 - MUNICIPAL SECURITIES
SUBCHAPTER E - APPROVAL OF ISSUES OF CERTIFICATES OF OBLIGATION
SECTION/RULE §53.79 - Certificates Payable from Revenues Other Than Taxes
Chapter Review Date 10/26/2020

Certificates payable solely from revenues other than taxes shall not be considered debt with the meaning of Article XI, §5 and §7, of the Constitution of Texas.

Source Note: The provisions of this §53.79 adopted to be effective January 1, 1976.

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