187 chapters · 5,642 sections in this title.
Tex. Transportation Code § 54.104 Authority of Board To Issue Obligations
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Sec. 54.104. AUTHORITY OF BOARD TO ISSUE OBLIGATIONS. (a) A board by resolution may issue in the name of the board, with the consent of the governing body of the municipality: (1) obligations payable from revenue in the manner provided by this chapter to provide money for a port …
Tex. Transportation Code § 54.105 Limitation On Aggregate Amount of Expense Warrants
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Sec. 54.105. LIMITATION ON AGGREGATE AMOUNT OF EXPENSE WARRANTS. The aggregate amount of expense warrants issued under Section 54.104(a)(2) that are outstanding at any time during a fiscal year may not exceed 50 percent of the difference between: (1) the revenue of the board budg…
Tex. Transportation Code § 54.106 Maturity of Obligation
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Sec. 54.106. MATURITY OF OBLIGATION. An obligation issued under this chapter must mature not later than 40 years after its date. Added by Acts 1999, 76th Leg., ch. 227, Sec. 20, eff. Sept. 1, 1999.
Tex. Transportation Code § 54.107 Signatures
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Sec. 54.107. SIGNATURES. (a) An obligation issued by a municipality under this chapter must be signed by the mayor or presiding officer of the municipality and countersigned by the municipal secretary or municipal clerk. (b) An obligation authorized by a board under this subchapt…