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Home > Title 1 > Part 3 > Chapter 53 >Subchapter E > Rule 53.80
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 §53.80 - Limitation of Payment for Certificates Payable from Revenues Other Than Taxes
Chapter Review Date 10/26/2020

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.

Source Note: The provisions of this §53.80 adopted to be effective January 1, 1976.

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