Texas Statutes
Subchapter C. Certificate of Obligation Act
Section 271.046. Additional Purposes for Certificates

Sec. 271.046. ADDITIONAL PURPOSES FOR CERTIFICATES. (a) Certificates may be issued for the payment of contractual obligations to be incurred in:
(1) constructing or equipping a jail;
(2) constructing, renovating, or otherwise improving a county-owned building; or
(3) constructing a bridge that is part of or connected to a county road or an approach to such a bridge.
(b) Certificates issued under this section may be sold for cash, subject to the restrictions and other conditions of Section 271.050.
(c) The provisions of this subchapter relating to advertisement for competitive bids apply to contractual obligations to be incurred for a purpose for which certificates are to be issued under this section.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1989, 71st Leg., ch. 648, Sec. 1, eff. June 14, 1989.

Structure Texas Statutes