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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 1373.005: AUTHORITY TO ISSUE OBLIGATIONS.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 9. PUBLIC SECURITIES
  3. SUBTITLE F. SPECIFIC AUTHORITY FOR STATE OR LOCAL GOVERNMENT TO ISSUE SECURITIES
  4. CHAPTER 1373. OBLIGATIONS FOR WATER PROJECTS

Notwithstanding any other law, as authorized and approved by the governing body of an issuer, obligations may be issued, sold, incurred, and delivered to:

(1) finance or refinance an eligible project;

(2) refund obligations, other indebtedness, or contractual obligations of the issuer issued or incurred in connection with an eligible project; and

(3) pay the costs of issuance or delivery of the obligations.

Added by Acts 2025, 89th Leg., R.S., Ch. 494 (S.B. 1261), Sec. 1, eff. September 1, 2025.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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