Texas Local Government Code 254.051 – Authority of Municipality to Issue Obligations
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Terms Used In Texas Local Government Code 254.051
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
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 facility or improvement under this chapter.
