Statutes, codes, and regulations
Texas Codes
GOVERNMENT CODETitle 9 - PUBLIC SECURITIESSubtitle J - SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIESChapter 1505 - OBLIGATIONS FOR COASTAL MUNICIPALITIES FOR COASTAL MATTERS
Subchapter E - BONDS FOR HARBOR IMPROVEMENTS AND FACILITIES IN COASTAL MUNICIPALITIES WITH POPULATION OF LESS THAN 12,000
Section 1505.211 - Transfer of Pledged Revenue

Tex. Gov't Code § 1505.211

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Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1505.211 - Transfer of Pledged Revenue
(a) A municipality may, in the bond authorization, transfer pledged revenue from the harbor improvement or facility to the general fund of the municipality.
(b) The transferred revenue:
(1) must be in the amount authorized in the bond authorization; and
(2) to the extent authorized in the bond authorization, may be used for general or special purposes.

Tex. Gov't. Code § 1505.211

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.