Tex. Gov't Code § 1507.252 · Subchapter F. BONDS FOR PAYMENT OF CURRENT EXPENSES IN MUNICIPALITIES WITH A POPULATION OF 161,000 OR MORE
AUTHORITY TO ISSUE WARRANTS OR NOTES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The governing body of a municipality may issue warrants or notes drawn against the current revenues of the municipality for the fiscal year to:
(1) provide for the payment of the municipality's expenses for the fiscal year in which the warrants or notes are issued or for any portion of that fiscal year; or
(2) refund the principal of and interest on warrants and notes issued under this subchapter.
(b) Warrants and notes issued under this subchapter must be dated and numbered consecutively as issued.
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 7392c8cc5d6ca77ab9b8287ce010513792717f37ad7b67456c59fb89acca91c4
- 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.