Texas § SD.8501.205 - LIMITATION ON USE OF REVENUE
Full text of Texas The Texas Constitution § SD.8501.205 — LIMITATION ON USE OF REVENUE, with citation guidance and answers to common questions.
§ SD.8501.205. LIMITATION ON USE OF REVENUE
LIMITATION ON USE OF REVENUE. (a) A charge on the revenue derived from the improvements and facilities of the authority may not be made if the principal or interest of any obligation issued under this chapter is unpaid. (b) If the revenue derived from the improvements and facilities of the authority exceed the amount required for the payment of items under Section 8501.204 (c), the board may pay the cost of improvements and replacements not covered by Section 8501.204 (c)(1) and may establish a reasonable depreciation and emergency fund. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005. SUBCHAPTER F. OBLIGATIONS RELATING TO BORROWED MONEY
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § SD.8501.205
What does The Texas Constitution § SD.8501.205 cover?
Section SD.8501.205 ("LIMITATION ON USE OF REVENUE") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § SD.8501.205?
A common citation format is "The Texas Constitution § SD.8501.205" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § SD.8501.205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.