GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 1503.001: AUTHORITY TO ISSUE REVENUE BONDS.

Read at publisher ↗
Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 9. PUBLIC SECURITIES
  3. SUBTITLE J. SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIES
  4. CHAPTER 1503. OBLIGATIONS FOR MUNICIPAL AIRPORTS
  5. SUBCHAPTER A. REVENUE BONDS FOR AIRPORTS

(a) A municipality by ordinance may issue revenue bonds to:

(1) establish, improve, enlarge, extend, or repair:

(A) an airport of the municipality; or

(B) a building, improvement, landing field, or other facility or service the municipality considers necessary, desirable, or convenient for the efficient operation and maintenance of an airport; or

(2) acquire land for an airport.

(b) The municipality shall issue the bonds in the manner provided by Subchapter C.

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

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

Browse this collection