{"data":{"id":"us-tx/tex.-local-government-code-501.204","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 501.204","heading":"AUTHORIZING UNIT'S APPROVAL OF BONDS.","body":"(a) A corporation may not deliver bonds, including refunding bonds, unless the governing body of the corporation's authorizing unit adopts a resolution, not earlier than the 60th day before the date the bonds are delivered, specifically approving the corporation's resolution providing for the issuance of the bonds.\n(b) If the corporation is authorized to be created by a county alliance, the resolution required by Subsection (a) must be adopted by the commissioners courts of at least three-fifths of the members of the county alliance.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.","path":["LOCAL GOVERNMENT CODE","TITLE 12. PLANNING AND DEVELOPMENT","SUBTITLE C1. ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT","CHAPTER 501. PROVISIONS GOVERNING DEVELOPMENT CORPORATIONS","SUBCHAPTER E. CORPORATE POWERS AND LIMITATIONS RELATING TO BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.501.htm#501.204","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"72c4c2ab3da4e29b35f9b847730515af130bfdd6b6cacd62de2a8a2c3fa7334f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-501.203","next":"us-tx/tex.-local-government-code-501.205"},"notice":"GroundRules: Original legal text. Not legal advice."}