{"data":{"id":"us-tx/tex.-local-government-code-303.078","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 303.078","heading":"PURCHASE OF SPONSOR OBLIGATIONS.","body":"A sponsor may sell its sponsor obligations to a corporation that the sponsor has created at public or private sale on the terms the governing body of the sponsor determines.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.","path":["LOCAL GOVERNMENT CODE","TITLE 9. PUBLIC BUILDINGS AND GROUNDS","SUBTITLE C. PUBLIC BUILDING PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT","CHAPTER 303. PUBLIC FACILITY CORPORATIONS","SUBCHAPTER C. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.303.htm#303.078","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"68e3fdc05599210c93ce4800831e49f421094988cde898b8ecf2918fb8cfa528","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-303.077","next":"us-tx/tex.-local-government-code-303.101"},"notice":"GroundRules: Original legal text. Not legal advice."}