Sec. 363.005. COUNTY TOLLS. The commissioners court of a county that issues bonds to construct a bridge may, under rules adopted by the commissioners court, impose tolls sufficient to:
(1) pay the interest on the bonds; or
(2) pay the interest and create a sinking fund for payment of the principal at maturity.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Section: Previous 363.001 363.002 363.003 363.004Last modified: September 28, 2016