Sec. 507.152. BONDS NOT OBLIGATION OF CERTAIN ENTITIES. 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 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Section: Previous 507.051 507.052 507.053 507.101 507.102 507.103 507.104 507.105 507.106 507.107 507.108 507.151 507.152 507.153 507.201 NextLast modified: September 28, 2016