Sec. 1477.352. AUTHORITY TO ISSUE REVENUE ANTICIPATION NOTES    


Latest version.
  • 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.