Tex. Loc. Gov't Code § 254.057

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

Section 254.057 - Sale of Obligations

(a) A municipality or board may sell obligations issued under this chapter at public or private sale under terms the governing body or the board determines to be the most advantageous and reasonably obtainable.

(b) Subsection (a) applies to obligations payable from revenue notwithstanding any restriction in a municipal charter to the contrary.

Tex. Loc. Gov't. Code § 254.057

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