{"data":{"id":"us-tx/tex.-government-code-1501.151","jurisdiction":"us-tx","citation":"Tex. Government Code § 1501.151","heading":"AUTHORITY TO ISSUE CERTIFICATES OF INDEBTEDNESS.","body":"The governing body of a general-law municipality may authorize the issuance of certificates of indebtedness to pay:\n(1) a final judgment of a court in a lawsuit arising from the municipality's operation of a natural gas system the municipality owns; or\n(2) a settlement of such a lawsuit.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE J. SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIES","CHAPTER 1501. OBLIGATIONS FOR MUNICIPAL UTILITIES","SUBCHAPTER D. CERTIFICATES OF INDEBTEDNESS TO FINANCE JUDGMENTS OR SETTLEMENTS RELATED TO MUNICIPAL NATURAL GAS SYSTEM"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1501.htm#1501.151","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"9e3439d6da1a68eff09eeff53b9cf643933ec2e5d3194cf53b96333b2b3acc5d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1501.103","next":"us-tx/tex.-government-code-1501.152"},"notice":"GroundRules: Original legal text. Not legal advice."}