Texas Special District Local Laws Code 3981.0506 – City Not Required to Pay District Obligations
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Special District Local Laws Code 3981.0506
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Except as provided by § 375.263, Local Government Code, the city is not required to pay a bond, note, or other obligation of the district.