{"data":{"id":"us-tx/tex.-local-government-code-254.051","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 254.051","heading":"AUTHORITY OF MUNICIPALITY TO ISSUE OBLIGATIONS.","body":"The governing body of a municipality by ordinance may issue in the name of the municipality obligations payable from taxes, revenue, or both to provide money for a facility or improvement under this chapter.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.","path":["LOCAL GOVERNMENT CODE","TITLE 8. ACQUISITION, SALE, OR LEASE OF PROPERTY","SUBTITLE A. MUNICIPAL ACQUISITION, SALE, OR LEASE OF PROPERTY","CHAPTER 254. ACQUISITION AND DEVELOPMENT OF ISLAND PROPERTY","SUBCHAPTER C. OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.254.htm#254.051","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"5b4ccfc56f080feef2d37328bcdce8894c1c9f82430adb408d9aff90b63ed120","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-254.024","next":"us-tx/tex.-local-government-code-254.052"},"notice":"GroundRules: Original legal text. Not legal advice."}