Texas Statutes
§ 1501.156 — SALE OF CERTIFICATES.
Texas § 1501.156
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 1501.156 (SALE OF CERTIFICATES.) 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. § 1501.156 (2026).
Text
Sec. 1501.156. SALE OF CERTIFICATES.
(a)A municipality may sell certificates of indebtedness issued under this subchapter:
(1)at a public or private sale;
(2)on terms the governing body of the municipality determines; and
(3)with an option to prepay principal as the governing body of the municipality considers advisable.
(b)A municipality shall sell the certificates for cash.
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Legislative History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Nearby Sections
15
§ 1501.001
APPLICABILITY OF SUBCHAPTER.§ 1501.002
AUTHORITY TO ISSUE BONDS.§ 1501.003
PLEDGE OF REVENUE.§ 1501.004
AUTHORITY TO ISSUE ADDITIONAL BONDS.§ 1501.005
CONTRACTS.§ 1501.006
RATES FOR SERVICE.§ 1501.052
EFFECT ON TAXES.§ 1501.102
AUTHORITY TO ISSUE REVENUE BONDS.§ 1501.153
PETITION; ELECTION.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1501.156, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/1501.156.