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

Tex. Government Code § 2116.075: BORROWING MONEY; ISSUING AND SELLING BONDS.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 10. GENERAL GOVERNMENT
  3. SUBTITLE C. STATE ACCOUNTING, FISCAL MANAGEMENT, AND PRODUCTIVITY
  4. CHAPTER 2116. TEXAS BULLION DEPOSITORY
  5. SUBCHAPTER C. ACQUISITION OF REAL PROPERTY FOR DEPOSITORY

(a) The comptroller may borrow money in the amount and under the circumstances authorized by the legislature and may request the Texas Public Finance Authority, on behalf of the comptroller, to issue and sell bonds to acquire real property or construct a building to operate the depository.

(b) The Texas Public Finance Authority may issue and sell bonds for the purposes of Subsection (a) in any manner and on such terms the authority determines to be in the best interest of the comptroller, subject to the requirements of Chapter 1202.

Added by Acts 2021, 87th Leg., R.S., Ch. 981 (S.B. 2230), Sec. 2, eff. June 18, 2021.

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

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