{"data":{"id":"us-tx/tex.-government-code-1501.157","jurisdiction":"us-tx","citation":"Tex. Government Code § 1501.157","heading":"USE OF PROCEEDS.","body":"A municipality shall use the proceeds from the sale of certificates of indebtedness issued under this subchapter for a purpose authorized by this subchapter.\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#1501.157","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"50e079382c76d95bda3a4b7277b52260bc6948da0fedf0a8bebcc90afc64bd30","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1501.156","next":"us-tx/tex.-government-code-1501.158"},"notice":"GroundRules: Original legal text. Not legal advice."}