Tex. Transp. Code § 54.153 · Subchapter D. REFUNDING OBLIGATIONS
AUTHORITY TO ISSUE REVENUE REFUNDING OBLIGATIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The governing body of a municipality or a board, under the procedures provided by this chapter, may issue obligations payable from revenue to refund outstanding obligations payable from revenue, including original or refunding obligations:
(1) issued under this chapter;
(2) issued for a purpose described by Section 54.003; or
(3) payable from the revenue of a port improvement or facility.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 20, 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/TN/htm/TN.54.htm
- Text hash
- sha256 d0d0d76cb46cbab3505bd4807d308dc92ccba4e00b7137a989ba1e5c4f99ba38
- 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.