Texas § 1431.003 ADDITIONAL AUTHORITY OF COUNTIES AND CERTAIN MUNICIPALITIES.

Texas Statutes

§ 1431.003 — ADDITIONAL AUTHORITY OF COUNTIES AND CERTAIN MUNICIPALITIES.

Texas § 1431.003

Code GVGovernment Code

This text of Texas § 1431.003 (ADDITIONAL AUTHORITY OF COUNTIES AND CERTAIN MUNICIPALITIES.) 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. § 1431.003 (2026).

Text

Sec. 1431.003. ADDITIONAL AUTHORITY OF COUNTIES AND CERTAIN MUNICIPALITIES.

(a)This section applies only to an issuer that is:

(1)a county;

(2)a municipality with a population of 80,000 or more;

(3)an eligible school district; or

(4)an eligible countywide district.

(b)Notwithstanding anything in this chapter to the contrary, the governing body may exercise the authority granted to the governing body of an issuer with regard to issuance of obligations under Chapter 1371 , except that the prohibition in that chapter on the repayment of an obligation with ad valorem taxes does not apply to an issuer exercising the authority granted by this section.

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Sec. 1431.003. ADDITIONAL AUTHORITY OF COUNTIES AND CERTAIN MUNICIPALITIES. (a) This section applies only to an issuer that is:
(1) a county;
(2) a municipality with a population of 80,000 or more;
(3) an eligible school district; or
(4) an eligible countywide district.
(b) Notwithstanding anything in this chapter to the contrary, the governing body may exercise the authority granted to the governing body of an issuer with regard to issuance of obligations under Chapter 1371 , except that the prohibition in that chapter on the repayment of an obligation with ad valorem taxes does not apply to an issuer exercising the authority granted by this section.