Texas Statutes
§ 1232.107 — PURCHASE OF OBLIGATIONS FOR ALTERNATIVE FUEL PROJECTS.
Texas § 1232.107
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 1232.107 (PURCHASE OF OBLIGATIONS FOR ALTERNATIVE FUEL PROJECTS.) 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.
Bluebook
Tex. Government Code Code Ann. § 1232.107 (2026).
Text
Sec. 1232.107. PURCHASE OF OBLIGATIONS FOR ALTERNATIVE FUEL PROJECTS.
(a)The authority may use the proceeds of obligations issued under Section 1232.104 to purchase, at a price determined by the authority, an obligation of an entity described by Section 1232.104 (a) that evidences the entity's obligation to repay the authority. Notwithstanding any other law, the authority may acquire an obligation of an entity described by Section 1232.104 (a) in a private sale as provided by resolution or order of the governing body of the entity.
(b)An entity described by Section 1232.104 (a) may borrow from the authority by selling an obligation to the authority.
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Legislative History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Nearby Sections
15
§ 1232.001
SHORT TITLE.§ 1232.002
PURPOSE.§ 1232.003
DEFINITIONS.§ 1232.004
STATE LEASE FUND ACCOUNT.§ 1232.005
APPLICATION OF STATE FUNDS REFORM ACT.§ 1232.051
TEXAS PUBLIC FINANCE AUTHORITY.§ 1232.052
COMPOSITION OF GOVERNING BOARD.§ 1232.053
TERMS.§ 1232.054
GROUNDS FOR REMOVAL.§ 1232.055
BOARD MEMBER TRAINING.§ 1232.056
OFFICERS; MEETINGS.§ 1232.057
PUBLIC TESTIMONY AT BOARD MEETINGS.§ 1232.058
COMPENSATION AND EXPENSES.§ 1232.059
STAFF; CONSULTANTS.§ 1232.060
CONFLICT OF INTEREST.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1232.107, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/1232.107.