{"data":{"id":"us-tx/tex.-government-code-1501.153","jurisdiction":"us-tx","citation":"Tex. Government Code § 1501.153","heading":"PETITION; ELECTION.","body":"(a) If, before the certificates of indebtedness are authorized, a petition is filed with the secretary or clerk of the municipality protesting the issuance of the certificates that is signed by at least five percent of the registered voters of the municipality, the municipality may not issue the certificates unless a proposition for the issuance of the certificates is approved at an election held for that purpose.\n(b) The governing body shall hold the election in the manner provided by Chapter 1251 for a bond election.\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#1501.153","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"72020bbee6ea1ebf6a63da11efee937fbcbeb6dd899511b3a357fae56ee0edfb","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1501.152","next":"us-tx/tex.-government-code-1501.154"},"notice":"GroundRules: Original legal text. Not legal advice."}