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236 chapters · 5,326 sections in this title.
Tex. Local Government Code § 107.001 Definitions
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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 2…
Tex. Local Government Code § 107.002 Sec. 107.002
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Sec. 107.002. DEFINITION OF "PUBLIC PENSION FUND." In this chapter, "public pension fund": (1) means a continuing, organized program or plan of service retirement, disability retirement, or death benefits for officers or employees of a municipality; (2) includes a plan qualified …
Tex. Local Government Code § 107.003 Pension Fund Obligations Authorized
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Sec. 107.003. PENSION FUND OBLIGATIONS AUTHORIZED. (a) A municipality may issue obligations to fund all or any part of an unfunded liability. (b) Before authorizing issuance and delivery of an obligation under this section, the governing body of the municipality must enter into a…
Tex. Local Government Code § 107.0036 Voter Approval Required For Certain Pension Fund Obligations
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Sec. 107.0036. VOTER APPROVAL REQUIRED FOR CERTAIN PENSION FUND OBLIGATIONS. (a) This section applies only to a public pension fund subject to: (1) Article 6243e.2(1), Revised Statutes; (2) Chapter 88 (H.B. 1573), Acts of the 77th Legislature, Regular Session, 2001 (Article 6243h…