Tex. Gov't Code § 1251.051 · Subchapter B. BALLOT FOR DEBT OBLIGATIONS ISSUED BY POLITICAL SUBDIVISION
DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In this subchapter:
(1) "Debt obligation" means a public security, as defined by Section 1201.002, secured by and payable from ad valorem taxes. The term does not include public securities that are designated as self-supporting by the political subdivision issuing the securities.
(2) "Political subdivision" means a municipality, county, school district, or special taxing district.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 505 (S.B. 30), Sec. 4, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1251.htm
- Text hash
- sha256 e72233be3a3e43e83048a265a2382d6f0d35601196e1be18f67fa9081c7aa172
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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