{"data":{"id":"us-tx/tex.-government-code-1431.005","jurisdiction":"us-tx","citation":"Tex. Government Code § 1431.005","heading":"GENERAL LIMITATION.","body":"An issuer may not use proceeds of an anticipation note to repay interfund or other borrowing that occurred earlier than 24 months before the date of the ordinance or order authorizing the issuance of the note.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE H. SPECIFIC AUTHORITY FOR MORE THAN ONE TYPE OF LOCAL GOVERNMENT TO ISSUE SECURITIES","CHAPTER 1431. ANTICIPATION NOTES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1431.htm#1431.005","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"ced30cba8b7eacd8b2d9b96016bd4fb0893d552e289c41c596459e23d7b0ab9b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1431.004","next":"us-tx/tex.-government-code-1431.006"},"notice":"GroundRules: Original legal text. Not legal advice."}