Texas Statutes
§ 54.108 — SALE OF OBLIGATIONS.
Texas § 54.108
JurisdictionTexas
Code TNTransportation Code
This text of Texas § 54.108 (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. Transportation Code Code Ann. § 54.108 (2026).
Text
Sec. 54.108. SALE OF OBLIGATIONS.
(a)Obligations issued under this chapter shall be sold at a public or private sale under terms determined by the governing body or the board issuing the obligations 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.
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Legislative History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 20, eff. Sept. 1, 1999.
Nearby Sections
15
§ 54.001
APPLICABILITY OF CHAPTER.§ 54.002
DEFINITIONS.§ 54.005
APPLICABILITY OF OTHER LAW.§ 54.054
COMPETITIVE BIDDING.§ 54.101
DEFINITION.§ 54.103
ELECTION.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 54.108, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/54.108.