Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle I. SPECIFIC AUTHORITY FOR COUNTIES TO ISSUE SECURITIES |
Chapter 1477. OBLIGATIONS FOR OTHER COUNTY PURPOSES |
Subchapter H. REVENUE ANTICIPATION NOTES IN CERTAIN COUNTIES |
Sec. 1477.352. AUTHORITY TO ISSUE REVENUE ANTICIPATION NOTES
Latest version.
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The county may issue revenue anticipation notes to pay for current expenses of the county only if the county auditor:
(1) recommends that action; and
(2) identifies the revenue anticipated to be used for repayment of the notes.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.