Texas § 1502.067 RECORDS: NONCASH BASIS.

Texas Statutes

§ 1502.067 — RECORDS: NONCASH BASIS.

Texas § 1502.067

Code GVGovernment Code

This text of Texas § 1502.067 (RECORDS: NONCASH BASIS.) 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. § 1502.067 (2026).

Text

Sec. 1502.067. RECORDS: NONCASH BASIS.

(a)A municipality may maintain its records on facilities under this chapter or any other municipal records on a basis other than a cash basis to the extent permitted or required under generally accepted accounting principles for a governmental entity.

(b)A change in accounting methods does not affect the terms of an existing contract with respect to the power to issue additional obligations payable from the facilities.

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Sec. 1502.067. RECORDS: NONCASH BASIS. (a) A municipality may maintain its records on facilities under this chapter or any other municipal records on a basis other than a cash basis to the extent permitted or required under generally accepted accounting principles for a governmental entity.
(b) A change in accounting methods does not affect the terms of an existing contract with respect to the power to issue additional obligations payable from the facilities.

Legislative History

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Renumbered from Government Code Sec. 1502.068 and amended by Acts 1999, 76th Leg., ch. 1064, Sec. 22, eff. Sept. 1, 1999.