Sec. 367.016.  BONDS AND NOTES NOT PAYABLE FROM TAXES.  A bond or note issued under this subchapter:
(1)  is payable only from the revenue or another resource of the municipality;  and
(2)  is not a tax obligation of the municipality.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.