Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 4. NAVIGATION |
Subtitle A. WATERWAYS AND PORTS |
Chapter 54. HARBOR AND PORT FACILITIES IN CERTAIN MUNICIPALITIES |
Subchapter C. OBLIGATIONS |
Sec. 54.114. ENCUMBRANCE OF PORT IMPROVEMENTS OR FACILITIES FINANCED BY OBLIGATIONS PAYABLE FROM AD VALOREM TAXES
Latest version.
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A municipality may not encumber a port improvement or facility financed by obligations payable from ad valorem taxes unless authorized at the election required by Section 54.103.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 20, eff. Sept. 1, 1999.