{"data":{"id":"us-tx/tex.-transportation-code-54.108","jurisdiction":"us-tx","citation":"Tex. Transportation Code § 54.108","heading":"SALE OF OBLIGATIONS.","body":"(a) Obligations issued under this chapter shall be sold at a public or private sale under terms determined by the governing body or the board issuing the obligations to be the most advantageous and reasonably obtainable.\n(b) Subsection (a) applies to obligations payable from revenue notwithstanding any restriction in a municipal charter to the contrary.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 20, eff. Sept. 1, 1999.","path":["TRANSPORTATION CODE","TITLE 4. NAVIGATION","SUBTITLE A. WATERWAYS AND PORTS","CHAPTER 54. HARBOR AND PORT FACILITIES IN CERTAIN MUNICIPALITIES","SUBCHAPTER C. OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TN/htm/TN.54.htm#54.108","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:44Z","sha256":"01e644a4ee87b91b897a2f0da969d780af04a1abd221c2f3c7e247645b14416c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-transportation-code-54.107","next":"us-tx/tex.-transportation-code-54.109"},"notice":"GroundRules: Original legal text. Not legal advice."}