Texas Statutes
§ 254.057 — SALE OF OBLIGATIONS.
Texas § 254.057
JurisdictionTexas
Code LGLocal Government Code
This text of Texas § 254.057 (SALE OF 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. Local Government Code Code Ann. § 254.057 (2026).
Text
Sec. 254.057. SALE OF OBLIGATIONS.
(a)A municipality or board may sell obligations issued under this chapter at public or private sale under terms the governing body or the board determines to be the most advantageous and reasonably obtainable.
(b)Subsection (a) applies to obligations payable from revenue notwithstanding any restriction in a municipal charter to the contrary.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.
Nearby Sections
15
§ 254.001
APPLICABILITY OF CHAPTER.§ 254.002
DEFINITIONS.§ 254.003
AUTHORITY REGARDING ISLAND PROPERTY.§ 254.004
APPLICABILITY OF OTHER LAW.§ 254.022
ORGANIZATION AND DUTIES OF BOARD.§ 254.023
CHARACTER OF BOARD; GENERAL POWERS.§ 254.024
COMPETITIVE BIDDING.§ 254.052
ELECTION.§ 254.055
MATURITY OF OBLIGATION.§ 254.056
SIGNATURES; SEAL.§ 254.057
SALE OF OBLIGATIONS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 254.057, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/254.057.