Tex.
Local Gov't Code Section 271.091
Definitions
(1)
“Local government” means a municipality, county, or hospital district of the State of Texas.(2)
“Payment” means the local sales and use tax authorized by the Municipal Sales and Use Tax Act (Chapter 321 (Municipal Sales and Use Tax Act), Tax Code), the County Sales and Use Tax Act (Chapter 323 (County Sales and Use Tax Act), Tax Code), and Subchapter E (Tax Authorized; Tax Rates), Chapter 285 (Special Provisions Relating to Hospital Districts), Health and Safety Code.(3)
“Paying agent” means the financial institution that is designated by a local government as its agent for the payment of the principal of and interest on the obligation.(4)
“Obligation” means bonds, notes, certificates of obligation, and other obligations authorized to be issued by the local government.(5)
“Agreement” means the document referred to in Section 271.092 (Agreement with Texas Bond Review Board and Comptroller) and Section 271.093 (Form of Agreement; Conditions).(6)
“Board” means the Bond Review Board.(7)
“Comptroller” means the comptroller of public accounts.
Source:
Section 271.091 — Definitions, https://statutes.capitol.texas.gov/Docs/LG/htm/LG.271.htm#271.091
(accessed Jun. 5, 2024).