Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 4. FINANCES |
Subtitle A. MUNICIPAL FINANCES |
Chapter 101. GENERAL FINANCIAL PROVISIONS AFFECTING MUNICIPALITIES |
Subchapter A. PROVISIONS AFFECTING TYPE A GENERAL-LAW MUNICIPALITIES |
Sec. 101.004. SPECIAL FUNDS; DISBURSEMENT
Latest version.
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The governing body of the municipality may provide by ordinance for the creation of special funds for special purposes and may provide that a special fund may be disbursed only for the purpose for which the fund was created.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.