Sec. 1477.203. LIMIT ON AMOUNT OF INDEBTEDNESS. The aggregate principal amount of certificates of indebtedness issued by a county under this subchapter may not exceed $5 million.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle I - Specific Authority for Counties to Issue Securities
Chapter 1477 - Obligations for Other County Purposes
Subchapter E. Certificates of Indebtedness for Firefighter Training Facilities
Section 1477.201. Authority to Issue Certificates of Indebtedness
Section 1477.202. Authority to Impose and Pledge Ad Valorem Tax
Section 1477.203. Limit on Amount of Indebtedness
Section 1477.206. Operation of Firefighter Training Facilities