Tex. Gov't Code § 1501.151 · Subchapter D. CERTIFICATES OF INDEBTEDNESS TO FINANCE JUDGMENTS OR SETTLEMENTS RELATED TO MUNICIPAL NATURAL GAS SYSTEM

AUTHORITY TO ISSUE CERTIFICATES OF INDEBTEDNESS.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

The governing body of a general-law municipality may authorize the issuance of certificates of indebtedness to pay:

(1) a final judgment of a court in a lawsuit arising from the municipality's operation of a natural gas system the municipality owns; or

(2) a settlement of such a lawsuit.

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.1501.htm
Text hash: sha256 5aca3794798a14e176c3bd3a3d5af19032af85b40ce286173befad2cf3c2ad0d
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.