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§ 54.102. AUTHORITY OF MUNICIPALITY TO ISSUE OBLIGATIONS. The governing body of a municipality by ordinance may issue in the name of the municipality obligations payable from taxes, revenue, or both to provide money for a port improvement or facility. Added by Acts 1999, 76th Leg., ch. 227, § 20, eff. Sept. 1, 1999.

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Last modified: August 10, 2007

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Texas Transportation Code - Section 54.102. Authority Of Municipality To Issue Obligations