Texas § 54.153 AUTHORITY TO ISSUE REVENUE REFUNDING OBLIGATIONS.

Texas Statutes

§ 54.153 — AUTHORITY TO ISSUE REVENUE REFUNDING OBLIGATIONS.

Texas § 54.153

Code TNTransportation Code

This text of Texas § 54.153 (AUTHORITY TO ISSUE REVENUE REFUNDING 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. § 54.153 (2026).

Text

Sec. 54.153. AUTHORITY TO ISSUE REVENUE REFUNDING OBLIGATIONS. The governing body of a municipality or a board, under the procedures provided by this chapter, may issue obligations payable from revenue to refund outstanding obligations payable from revenue, including original or refunding obligations:

(1)issued under this chapter;

(2)issued for a purpose described by Section 54.003 ; or

(3)payable from the revenue of a port improvement or facility.

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Sec. 54.153. AUTHORITY TO ISSUE REVENUE REFUNDING OBLIGATIONS. The governing body of a municipality or a board, under the procedures provided by this chapter, may issue obligations payable from revenue to refund outstanding obligations payable from revenue, including original or refunding obligations:
(1) issued under this chapter;
(2) issued for a purpose described by Section 54.003 ; or
(3) payable from the revenue of a port improvement or facility.