Sec. 172.304. APPLICABILITY OF PUBLIC IMPROVEMENT FINANCING LAW. For purposes of Chapter 1371, Government Code:
(1) a district is an issuer; and
(2) the acquisition, improvement, or repair of rail facilities by a district is an eligible project.
Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 2.04, eff. April 1, 2011.
Structure Texas Statutes
Subtitle I - Special Districts
Chapter 172 - Rural Rail Transportation Districts
Section 172.301. Revenue Bonds
Section 172.302. Security for Payment of Bonds
Section 172.303. Bonds as Authorized Investments and Security for Deposits of Public Funds
Section 172.304. Applicability of Public Improvement Financing Law
Section 172.305. Limit on Power
Section 172.306. Exemption From Review of Notes by Attorney General