Sec. 1501.004. AUTHORITY TO ISSUE ADDITIONAL BONDS. In issuing bonds under this subchapter, the municipality may reserve the right to issue additional bonds to the extent and subject to any condition included in the ordinance authorizing the bonds.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle J - Specific Authority for Municipalities to Issue Securities
Chapter 1501 - Obligations for Municipal Utilities
Subchapter A. Revenue Bonds for Certain Sewage Disposal Facilities
Section 1501.001. Applicability of Subchapter
Section 1501.002. Authority to Issue Bonds
Section 1501.003. Pledge of Revenue
Section 1501.004. Authority to Issue Additional Bonds
Section 1501.006. Rates for Service
Section 1501.007. Other Law Applicable; Election Not Required