Tex. Gov't Code § 1509.153

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1509.153 - Authority to Issue Bonds

If necessary to exercise the authority granted by Section 1509.152, the governing body of a municipality may issue and sell bonds to finance:

(1) the purchase, lease, or acquisition by another method of land, a facility, equipment, or supplies;

(2) the construction or improvement of a facility; and

(3) the installation of equipment.

Tex. Gov't. Code § 1509.153

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.