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

Tex. Local Government Code § 303.078: PURCHASE OF SPONSOR OBLIGATIONS.

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Where this section sits in the code
  1. LOCAL GOVERNMENT CODE
  2. TITLE 9. PUBLIC BUILDINGS AND GROUNDS
  3. SUBTITLE C. PUBLIC BUILDING PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT
  4. CHAPTER 303. PUBLIC FACILITY CORPORATIONS
  5. SUBCHAPTER C. BONDS

A sponsor may sell its sponsor obligations to a corporation that the sponsor has created at public or private sale on the terms the governing body of the sponsor determines.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.

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

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