Sec. 107.001. DEFINITIONS. In this chapter: (1) "Obligation" includes a bond, certificate, note, or book entry obligation. (2) "Unfunded liability" means an unfunded, accrued liability of a municipality to a public pension fund as determined by actuarial analysis. Added by Acts 2003, 78th Leg., ch. 1271, Sec. 1, eff. Sept. 1, 2003.
Definitions
Tex. Local Government Code § 107.001, under Obligations For Certain Liabilities To Public Pension Funds of A Municipality.
Tex. Local Government Code § 107.001