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Texas Local Government Code

§ 108.053 — PLEDGES TO SECURE BONDS

LG § 108.053Title 4. FINANCES · Part A. MUNICIPAL FINANCES · Ch. 108. MUNICIPAL BONDS FOR CERTAIN DEFINED AREAS · Art. B. BONDS USED TO CARRY OUT PURPOSES OF

Statute text

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The municipality may further pledge any available funds to secure the bonds, including taxes or other revenue.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 813 (S.B. 1535), Sec. 1, eff. June 15, 2007.

Source: Texas Local Government Code § 108.053 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.