Tex. Transp. Code Section 54.153
Authority to Issue Revenue Refunding Obligations


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 (Authority Regarding Port Improvements and Facilities); or

(3)

payable from the revenue of a port improvement or facility.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 20, eff. Sept. 1, 1999.

Source: Section 54.153 — Authority to Issue Revenue Refunding Obligations, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­54.­htm#54.­153 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 54.153’s source at texas​.gov