Texas Government Code § 1504.206 Operating Expenses As First Lien

Sec. 1504.206. OPERATING EXPENSES AS FIRST LIEN. If the income from an exposition or convention hall is encumbered under this subchapter, each expense of operation and maintenance, including all salaries, labor, materials, interest, repairs, and additions necessary to properly maintain the exposition or convention hall, and each proper item of expense, is a first lien against that income.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Section: Previous  1504.112  1504.113  1504.201  1504.202  1504.203  1504.204  1504.205  1504.206  1504.207  1504.208  1504.209  1504.210  1504.211  1504.212  1504.251  Next

Last modified: September 28, 2016