{"data":{"id":"us-tx/tex.-government-code-1502.059","jurisdiction":"us-tx","citation":"Tex. Government Code § 1502.059","heading":"TRANSFER OF REVENUE TO GENERAL FUND.","body":"Notwithstanding Section 1502.058(a) or a similar law or municipal charter provision, a municipality and its officers and utility trustees may transfer to the municipality's general fund and may use for general or special purposes revenue of any municipally owned utility system in the amount and to the extent authorized in the indenture, deed of trust, or ordinance providing for and securing payment of public securities issued under this chapter or similar law.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Renumbered from Government Code Sec. 1502.061 and amended by Acts 1999, 76th Leg., ch. 1064, Sec. 22, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE J. SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIES","CHAPTER 1502. PUBLIC SECURITIES FOR MUNICIPAL UTILITIES, PARKS, OR POOLS","SUBCHAPTER B. PUBLIC SECURITIES FOR UTILITY SYSTEMS, PARKS, OR POOLS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1502.htm#1502.059","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"38c2985d43ec1336f7bbecde03d936e698c23df442e791f6da04cd53efd3b388","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1502.058","next":"us-tx/tex.-government-code-1502.060"},"notice":"GroundRules: Original legal text. Not legal advice."}