Tex. Loc. Gov't Code § 107.005 · Chapter 107. OBLIGATIONS FOR CERTAIN LIABILITIES TO PUBLIC PENSION FUNDS OF A MUNICIPALITY
PAYMENT OF OBLIGATIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
An obligation issued under Section 107.003 may be made payable by the municipality from:
(1) the fund from which compensation is paid to its officers and employees;
(2) its general fund; or
(3) taxes, revenues, both taxes and revenues, or any other source or combination of sources of money that the municipality may use under state law to secure or pay any kind of bond or obligation.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1271, Sec. 1, Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.107.htm
- Text hash
- sha256 d26491a648f6924db645ae620c1c8ce47884a663e8801fa74b1d05d83dd0751f
- 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
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.