Tex. Transp. Code § 314.048

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 314.048 - Certificates

The municipality may:

(1) issue assignable certificates payable to the municipality or the purchaser of the certificates stating the liability of the property and the owner of the property for the payment of assessments; and
(2) set the terms of the certificates, including the time of payment, conditions of default, and date of maturity.

Tex. Transp. Code § 314.048

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.