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Terms Used In Texas Education Code 61.095

  • 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.

The rights, powers, and authority granted in this subchapter shall not be subject to restriction, limitation, obligation, or requirement provided in § 61.058 of this code or Articles 665 through 678m, inclusive, of Vernon’s Texas Civil Statutes, notwithstanding any other provision in this subchapter.