Tex. Gov't Code § 1474.058 · Subchapter B. ELECTION PROVISIONS
APPROVAL AND ISSUANCE OF NOTES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If at least two-thirds of the votes received at the election favor issuing the notes, the commissioners court may issue and sell the notes for the benefit of the county and for the purposes authorized.
(b) The commissioners court by order shall:
(1) direct the issuance of the notes; and
(2) provide for the annual imposition of a tax sufficient to pay the current interest and provide a sinking fund for the payment of the principal of the notes at maturity.
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.1474.htm
- Text hash
- sha256 20ff8c62750d92f0daf62a37a6ab95f20609f6e9a2ba33cf65c96aa7bf9781c0
- 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.