Sec. 1431.002. AUTHORITY TO ISSUE ANTICIPATION NOTES. (a) The commissioners court of a county by order, on the recommendation of the county auditor or the county budget officer, as applicable, or the governing body of an eligible countywide district may authorize the issuance of an anticipation note.
(b) The governing body of a municipality by ordinance may authorize the issuance of an anticipation note.
(c) The governing body of an eligible school district by order may authorize the issuance of an anticipation note.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 1183, Sec. 2, eff. Sept. 1, 2001.
Structure Texas Statutes
Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities
Chapter 1431 - Anticipation Notes
Section 1431.002. Authority to Issue Anticipation Notes
Section 1431.003. Additional Authority of Counties and Certain Municipalities
Section 1431.004. Uses of Anticipation Note Proceeds
Section 1431.005. General Limitation
Section 1431.006. Limitation on Notes to Pay Expenses
Section 1431.007. General Sources of Payment
Section 1431.008. Ad Valorem Taxes as Source of Payment
Section 1431.010. Sale of Notes
Section 1431.011. Attorney General Approval of Certain Notes
Section 1431.012. Restriction on Certain Contracts Payable From Proceeds of Notes
Section 1431.013. Conflict With Other Laws
Section 1431.014. Certain Notes for Rural Economic Development
Section 1431.015. Certain Notes or Other Obligations for Emergency Financing