(a) A bond issued under this subchapter is an obligation of and a charge against the county issuing the bond.
(b) Except as provided by this subchapter, a county must issue bonds under this subchapter and impose taxes in compliance with applicable provisions of Subtitles A, C, and D.

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Terms Used In Texas Government Code 1477.254

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.