Tex. Gov't Code § 1477.108 · Subchapter C. NATURAL GAS SYSTEM FOR COUNTY BUILDINGS IN CERTAIN COUNTIES
CONTENTS OF ORDER AUTHORIZING BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
An order authorizing the issuance of bonds under this subchapter may contain:
(1) reasonable and proper provisions for protecting and enforcing the rights or remedies of the bondholders, including covenants that state the duties of the county relating to:
(A) the acquisition of property for the natural gas system;
(B) the construction, maintenance, operation, repair, and insurance of the system; and
(C) the custody, protection, and application of all money related to the system;
(2) a statement of the rights and remedies of the bondholders; and
(3) other provisions that the commissioners court considers reasonable and proper for the security of the bondholders, including covenants prescribing:
(A) each event that constitutes a default; and
(B) the rights, liabilities, powers, and duties that arise on the breach by the county of a duty or obligation.
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.1477.htm
- Text hash
- sha256 11c353135e87a6f0fa20a571386934940cb95202f0dd33f15a5f77e0f280c529
- 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.