Texas Government Code 1473.173 – Authority to Issue Bonds
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(a) If the bonds were approved at an election ordered before April 27, 1965, the county may issue general obligation bonds to finance:
(1) the erection, maintenance, expansion, and repair of a building authorized by § 1473.172; and
(2) the acquisition of a site and equipment for the building.
(b) The commissioners court shall issue any bonds under this subchapter in compliance with the applicable provisions of Subtitles A and C.
Terms Used In Texas Government Code 1473.173
- 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.