Tex. Gov't Code § 1507.157

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1507.157 - No Waiver of Claims

(a) A municipality's action under this subchapter does not affect or abrogate any claim the municipality may have with respect to a loss described by Section 1507.151.

(b) A municipality that issues bonds under this subchapter:

(1) does not waive any claim of the municipality;

(2) is not estopped from recovering on a claim of the municipality; and

(3) does not ratify any prior action by the municipality in connection with the loss.

(c) A municipality may reserve any claim the municipality may have in its action authorizing the bonds.

Tex. Gov't. Code § 1507.157

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