Tex. Gov't Code § 1333.003 · Chapter 1333. REVOCATION OF UNSOLD MUNICIPAL BONDS BY PETITION
ELECTION RESULTS; DESTRUCTION OF BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The governing body of the municipality shall record the results of an election held under this chapter in its minutes.
(b) If a majority of the qualified voters voting at the election vote in favor of the proposition, the governing body of the municipality shall revoke and burn the unsold bonds.
(c) The municipality shall send to the comptroller a certified copy of the minutes of the municipality showing the revocation and destruction of the bonds.
(d) On receipt of notice under Subsection (c), the comptroller shall cancel the registration of the bonds in the records of the comptroller.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1333.htm
- Text hash
- sha256 b75778afff602b47bcd5d0064bb0947fd93a8cbe2a0435bd3eb81791410b6ca9
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.