Tex. Loc. Gov't Code § 501.214 · Subchapter E. CORPORATE POWERS AND LIMITATIONS RELATING TO BONDS

SALE OR EXCHANGE OF BONDS.

Verbatim from the official edition

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

With respect to a project, a corporation may:

(1) sell bonds; or

(2) exchange bonds for property, labor, services, material, or equipment comprising a project or incidental to the acquisition of a project.

Notes and commentary — not statutory text

History

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/LG/htm/LG.501.htm
Text hash: sha256 f49dcb38f21ff4c2d5e7d486bc3ccb960d74c14c3d21c7421f25003b03881968
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.