Tex. Educ. Code § 55.18

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 55.18 - Bonds Not Obligations of the State

Bonds issued by a board are payable solely from the revenues, income, receipts, or other resources of the board, as provided in this subchapter, and such bonds shall never be an obligation of the State of Texas.

Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. 9/1/1971.