Texas § 1473.052 AUTHORITY TO ISSUE OBLIGATIONS.

Texas Statutes

§ 1473.052 — AUTHORITY TO ISSUE OBLIGATIONS.

Texas § 1473.052

Code GVGovernment Code

This text of Texas § 1473.052 (AUTHORITY TO ISSUE OBLIGATIONS.) 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. § 1473.052 (2026).

Text

Sec. 1473.052. AUTHORITY TO ISSUE OBLIGATIONS.

(a)The commissioners court of a county may issue securities to finance the enlargement, alteration, improvement, or repair of a building if:

(1)the building:

(A)is not the courthouse;

(B)is located at the county seat;

(C)is partly used for public business and partly rented for private use; and

(D)was acquired by the county in settlement of an obligation owed the county; and

(2)money is not available for the enlargement, alteration, improvement, or repair.

(b)In issuing a security under this subchapter, the commissioners court may pledge, assign, or encumber the net income and revenue from that part of the building that the court finds is not, and will not later be, necessary for a public purpose.

(c)Repealed by Acts 1999, 76th Leg., c

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 1473.052. AUTHORITY TO ISSUE OBLIGATIONS. (a) The commissioners court of a county may issue securities to finance the enlargement, alteration, improvement, or repair of a building if:
(1) the building:
(A) is not the courthouse;
(B) is located at the county seat;
(C) is partly used for public business and partly rented for private use; and
(D) was acquired by the county in settlement of an obligation owed the county; and
(2) money is not available for the enlargement, alteration, improvement, or repair.
(b) In issuing a security under this subchapter, the commissioners court may pledge, assign, or encumber the net income and revenue from that part of the building that the court finds is not, and will not later be, necessary for a public purpose.
(c) Repealed by Acts 1999, 76th Leg., ch. 1064, Sec. 47(4), eff. Sept. 1, 1999.