Tex. Gov't Code Section 1431.012
Restriction on Certain Contracts Payable from Proceeds of Notes

(a)

Except as provided by Subsection (b), a county must comply with the competitive bidding requirements of Subchapter C (Short Title), Chapter 271 (Purchasing and Contracting Authority of Municipalities, Counties, and Certain Other Local Governments), Local Government Code, in connection with a contract to be paid from the proceeds of anticipation notes issued for a purpose described by Section 1431.004 (Uses of Anticipation Note Proceeds)(a)(1)(A).

(b)

Competitive bidding requirements do not apply to an anticipation note or other obligation issued under Section 1431.015 (Certain Notes or Other Obligations for Emergency Financing) for any authorized purpose.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 929 (H.B. 3270), Sec. 5, eff. June 15, 2007.

Source: Section 1431.012 — Restriction on Certain Contracts Payable from Proceeds of Notes, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­1431.­htm#1431.­012 (accessed Apr. 29, 2024).

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Accessed:
Apr. 29, 2024

§ 1431.012’s source at texas​.gov