Tex. Nat. Res. Code § 164.012 · Chapter 164. VETERANS' FINANCIAL ASSISTANCE PROGRAM
RESOLUTIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The resolution authorizing the issuance of the bonds may prohibit the further issuance of bonds or other obligations payable from the pledged revenues or may reserve the right to issue additional bonds to be secured by a pledge of and payable from the revenue on a parity with or subordinate to the lien and pledge in support of the bonds being issued.
(b) The resolution of the board authorizing the issuance of the bonds may include other provisions and covenants that the board determines necessary.
(c) In a resolution authorizing the issuance of bonds, the board may prescribe systems, methods, routines, and procedures under which the board will function.
(d) The board may adopt and have executed any other proceedings or instruments necessary or convenient in the issuance of bonds.
Notes and commentary — not statutory text
History
Added by Acts 1993, 73rd Leg., ch. 242, Sec. 3.01, eff. Aug. 30, 1993.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/NR/htm/NR.164.htm
- Text hash
- sha256 654eb4aefbd485af6b1b17baff92caaeddd55425945c04da4e3d30ee01977406
- 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.