Texas Statutes
§ 1508.004 — AUTHORITY TO GRANT FRANCHISE.
Texas § 1508.004
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 1508.004 (AUTHORITY TO GRANT FRANCHISE.) 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. § 1508.004 (2026).
Text
Sec. 1508.004. AUTHORITY TO GRANT FRANCHISE. As additional security for an obligation described by Section 1508.002 , a municipality may, under the terms of the encumbrance, grant to the purchaser under sale or foreclosure a franchise to operate the facility or land for a term not to exceed 20 years from the date of purchase, subject to all laws regulating same then in force.
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Legislative History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Nearby Sections
15
§ 1508.003
PLEDGE OF INCOME.§ 1508.004
AUTHORITY TO GRANT FRANCHISE.§ 1508.005
OBLIGATIONS NOT DEBT OF MUNICIPALITY.§ 1508.006
ELECTION.§ 1508.007
RECORDS.§ 1508.008
ANNUAL REPORT.§ 1508.009
OFFENSE.§ 1508.010
CIVIL ENFORCEMENT.§ 1508.051
AUTHORITY FOR SWIMMING POOLS.§ 1508.052
AUTHORITY TO ISSUE REVENUE BONDS.§ 1508.053
ISSUANCE OF BONDS.§ 1508.054
BONDS NOT DEBT OF MUNICIPALITY.§ 1508.055
EFFECT ON OTHER LAW.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1508.004, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/1508.004.