Sec. 317.101. DEFINITION. In this subchapter, "net revenue" means the gross revenue derived from the operation or use of a facility the net revenue of which is pledged to the payment of a bond less the reasonable expenses of maintaining and operating the facility, including necessary repair and insurance of the facility.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 24, eff. Sept. 1, 1999.
Section: Previous 317.005 317.006 317.007 317.051 317.052 317.053 317.054 317.101 317.102 317.103 317.104 317.105 317.106 317.107 317.108 NextLast modified: September 28, 2016