Obligation As Refinancing

Tex. Local Government Code § 107.006, under Chapter 107.

Tex. Local Government Code § 107.006

Sec. 107.006. OBLIGATION AS REFINANCING. An obligation issued under Section 107.003 is a complete or partial refinancing of a commitment of the municipality to fund its unfunded liability. Added by Acts 2003, 78th Leg., ch. 1271, Sec. 1, eff. Sept. 1, 2003.