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Texas Government Code - Chapter 1431 Anticipation Notes

Legal Research Home > Texas Laws > Government Code > Texas Government Code - Chapter 1431 Anticipation Notes

  • Texas Government Code Section 1431.001 - Definitions
    In this chapter: (1) "Anticipation note" means a note issued under this chapter. (2) "Eligible countywide district" means a flood control district or a hospital ...
  • Texas Government Code Section 1431.002 - Authority To Issue Anticipation Notes
    (a) The commissioners court of a county by order, on the recommendation of the county auditor or the county budget officer, as applicable, or the ...
  • Texas Government Code Section 1431.003 - Additional Authority Of Counties And Certain Municipalities
    (a) This section applies only to an issuer that is: (1) a county; (2) a municipality with a population of 80,000 or more; (3) an ...
  • Texas Government Code Section 1431.004 - Uses Of Anticipation Note Proceeds
    (a) An issuer, other than an eligible school district, may use the proceeds of an anticipation note to pay: (1) a contractual obligation incurred or ...
  • Texas Government Code Section 1431.005 - General Limitation
    An issuer may not use proceeds of an anticipation note to repay interfund or other borrowing that occurred earlier than 24 months before the date ...
  • Texas Government Code Section 1431.006 - Limitation On Notes To Pay Expenses
    Anticipation notes issued for the purposes described by Section 1431.004(a)(2) may not, in the fiscal year in which the attorney general approves the notes: (1) ...
  • Texas Government Code Section 1431.007 - General Sources Of Payment
    (a) Except as provided by Subsection (b), a governing body may: (1) provide that anticipation notes be paid from and secured by revenue, taxes, a ...
  • Texas Government Code Section 1431.008 - Ad Valorem Taxes As Source Of Payment
    (a) A governing body may not issue anticipation notes that are payable from bonds secured by an ad valorem tax unless the proposition authorizing the ...
  • Texas Government Code Section 1431.009 - Maturity
    (a) Except as provided by Subsection (b), an anticipation note issued for a purpose described by Section 1431.004(a)(1) or (b)(2) must mature before the seventh ...
  • Texas Government Code Section 1431.010 - Sale Of Notes
    A governing body may sell an anticipation note at public or private sale for cash. Added by Acts 1999, 76th Leg., ch. 227, § 1, ...
  • Texas Government Code Section 1431.011 - Attorney General Approval Of Certain Notes
    Chapter 1371 governs approval by the attorney general of anticipation notes issued under Section 1431.003. Added by Acts 1999, 76th Leg., ch. 227, § 1, ...
  • Texas Government Code Section 1431.012 - Restriction On Certain Contracts Payable From Proceeds Of Notes
    A county must comply with the competitive bidding requirements of Subchapter C, Chapter 271, Local Government Code, in connection with a contract to be paid ...
  • Texas Government Code Section 1431.013 - Conflict With Other Laws
    If there is a conflict between this chapter and another statute: (1) an issuer may act under either; and (2) the governing body is not ...
  • Texas Government Code Section 1431.014 - Certain Notes For Rural Economic Development
    (a) Notwithstanding any other provision of this chapter, an issuer participating in a rural economic development program established by the Texas Agricultural Finance Authority may ...
  • Last modified: August 11, 2007