Texas Government Code § 1505.003 Amount Of Bonds

Sec. 1505.003. AMOUNT OF BONDS. A municipality may issue bonds under this subchapter in an amount:

(1) the municipality considers necessary; and

(2) that does not exceed a limit on debt set by the municipal charter.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

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Last modified: September 28, 2016