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, Chapter 271, 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(a)(1)(A).(b) Competitive bidding requirements do not apply to an anticipation note or other obligation issued under Section 1431.015 for any authorized purpose.Tex. Gov't. Code § 1431.012
Amended By Acts 2007, 80th Leg., R.S., Ch. 929, Sec. 5, eff. 6/15/2007.Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.