Tex. Local Government Code § 271.044: SUBCHAPTER AVAILABLE TO CERTAIN MUNICIPALITIES.
Where this section sits in the code
- LOCAL GOVERNMENT CODE
- TITLE 8. ACQUISITION, SALE, OR LEASE OF PROPERTY
- SUBTITLE C. ACQUISITION, SALE, OR LEASE PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT
- CHAPTER 271. PURCHASING AND CONTRACTING AUTHORITY OF MUNICIPALITIES, COUNTIES, AND CERTAIN OTHER LOCAL GOVERNMENTS
- SUBCHAPTER C. CERTIFICATE OF OBLIGATION ACT
(a) A municipality may use this subchapter only if the municipality:
(1) is incorporated under the home-rule amendment to the constitution (Article XI, Section 5, of the Texas Constitution); or
(2) is incorporated under a general or special law and the municipality has the authority to levy an ad valorem tax of not less than $1.50 on each $100 valuation of taxable property in the municipality.
(b) A home-rule municipality may use this subchapter regardless of any provision in the municipality's charter to the contrary.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Collected 2026-08-27T01:47:27Z. Source file · JSON