Texas Government Code 1505.211 – Transfer of Pledged Revenue
Current as of: 2024 | Check for updates
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(a) A municipality may, in the bond authorization, transfer pledged revenue from the harbor improvement or facility to the general fund of the municipality.
(b) The transferred revenue:
(1) must be in the amount authorized in the bond authorization; and
(2) to the extent authorized in the bond authorization, may be used for general or special purposes.
