Tex. Gov't Code § 1507.157 · Subchapter D. TAX BONDS FOR PAYMENT OF CURRENT EXPENSES
NO WAIVER OF CLAIMS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A municipality's action under this subchapter does not affect or abrogate any claim the municipality may have with respect to a loss described by Section 1507.151.
(b) A municipality that issues bonds under this subchapter:
(1) does not waive any claim of the municipality;
(2) is not estopped from recovering on a claim of the municipality; and
(3) does not ratify any prior action by the municipality in connection with the loss.
(c) A municipality may reserve any claim the municipality may have in its action authorizing the bonds.
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.1507.htm
- Text hash
- sha256 e7082f9630d887318118afa6a3ea307db57e9b920ef1d76fbfaf6e817a86222d
- 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
This section cites
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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.