Tex. Loc. Gov't Code § 252.046

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 252.046 - Circumstances in Which Current Funds to Be Set Aside

If an expenditure under the contract is payable by warrants on current funds, the governing body of the municipality by order shall set aside an amount of current funds that will discharge the principal and interest of the warrants. Those funds may not be used for any other purpose, and the warrants must be discharged from those funds and may not be refunded.

Tex. Loc. Gov't. Code § 252.046

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. 9/1/1987.