Texas Const. art. III, § 50

Texas Constitution

Article III, § 50 — LOAN OR PLEDGE OF CREDIT OF THE STATE

This text of Texas Const. art. III, § 50 (LOAN OR PLEDGE OF CREDIT OF THE STATE) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionTexas DocumentConstitution

ArticleIII

Section§ 50

CitationTexas Const. art. III, § 50

Bluebook

Tex. Const. art. III, § 50.

Full Text

The Legislature shall have no power to give or to lend, or to authorize the giving or lending, of the credit of the State in aid of, or to any person, association or corporation, whether municipal or other, or to pledge the credit of the State in any manner whatsoever, for the payment of the liabilities, present or prospective, of any individual, association of individuals, municipal or other corporation whatsoever.

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The Legislature shall have no power to give or to lend, or to authorize the giving or lending, of the credit of the State in aid of, or to any person, association or corporation, whether municipal or other, or to pledge the credit of the State in any manner whatsoever, for the payment of the liabilities, present or prospective, of any individual, association of individuals, municipal or other corporation whatsoever.

History

Feb. 15, 1876.

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Bluebook (online)

Texas Const. art. III, § 50, Counsel Stack Legal Research, https://law.counselstack.com/constitution/tx/III/50.