Texas · Texas Transportation Code
Tex. Transp. Code § 54.109: CONTENTS OF ORDINANCE OR RESOLUTION AUTHORIZING ISSUANCE OF OBLIGATIONS PAYABLE FROM REVENUE
What this law says, in plain English
This statute sets forth what municipal ordinances or resolutions authorizing revenue-backed obligations may include, such as fund management, depository designation, lease provisions, future issuance restrictions, and surplus revenue allocation.
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