{"data":{"id":"us-tx/tex.-local-government-code-601.033","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 601.033","heading":"PLEDGED CONTRACT.","body":"(a) A contract between the municipality and an authority may be pledged by the authority to secure its bonds. A pledged contract may not be modified except as provided by the terms of the pledge. The governing body of the municipality may authorize the contract without further authorization.\n(b) A payment required by the municipality under the contract may be made even if the payment is not provided for in the budget of the municipality, but the payment shall be included in subsequent budgets of the municipality.\nActs 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.\nRenumbered from Local Government Code, Section 431.033 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.76(d)(2), eff. April 1, 2009.","path":["LOCAL GOVERNMENT CODE","TITLE 14. PARKING AND TRANSPORTATION","SUBTITLE A. MUNICIPAL PARKING PROVISIONS","CHAPTER 601. MUNICIPAL AUTHORITY RELATING TO PARKING","SUBCHAPTER B. MUNICIPAL PARKING AUTHORITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.601.htm#601.033","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"5332a949e041044da2673eb651b601068ce67c0e9669ec16f6c167c3e161a27d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-601.032","next":"us-tx/tex.-local-government-code-601.034"},"notice":"GroundRules: Original legal text. Not legal advice."}