Texas Local Government Code Chapter 507 > Subchapter D – Bonds
Current as of: 2024 | Check for updates
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Other versions
| § 507.151 | Authority to Issue Bonds; Approval |
| § 507.152 | Bonds Not Obligation of Certain Entities |
| § 507.153 | Bond Requirements |
Terms Used In Texas Local Government Code Chapter 507 > Subchapter D - Bonds
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.