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Texas Transportation Code - Section 54.114. Encumbrance Of Port Improvements Or Facilities Financed By Obligations Payable From Ad Valorem Taxes

Legal Research Home > Texas Lawyer > Transportation Code > Texas Transportation Code - Section 54.114. Encumbrance Of Port Improvements Or Facilities Financed By Obligations Payable From Ad Valorem Taxes

§ 54.114. ENCUMBRANCE OF PORT IMPROVEMENTS OR FACILITIES FINANCED BY OBLIGATIONS PAYABLE FROM AD VALOREM TAXES. A municipality may not encumber a port improvement or facility financed by obligations payable from ad valorem taxes unless authorized at the election required by Section 54.103. Added by Acts 1999, 76th Leg., ch. 227, § 20, eff. Sept. 1, 1999.

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Last modified: August 10, 2007