Texas Statutes

§ 1501.151 — AUTHORITY TO ISSUE CERTIFICATES OF INDEBTEDNESS.

Texas § 1501.151
JurisdictionTexas
Code GVGovernment Code

This text of Texas § 1501.151 (AUTHORITY TO ISSUE CERTIFICATES OF INDEBTEDNESS.) 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. § 1501.151 (2026).

Text

Sec. 1501.151. AUTHORITY TO ISSUE CERTIFICATES OF INDEBTEDNESS. The governing body of a general-law municipality may authorize the issuance of certificates of indebtedness to pay:

(1)a final judgment of a court in a lawsuit arising from the municipality's operation of a natural gas system the municipality owns; or
(2)a settlement of such a lawsuit.

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Legislative History

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Nearby Sections

15
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Bluebook (online)
Texas § 1501.151, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/1501.151.