Texas Local Government Code Chapter 373A > Subchapter B – General Powers and Duties
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Terms Used In Texas Local Government Code Chapter 373A > Subchapter B - General Powers and Duties
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
- Property: means real and personal property. See Texas Government Code 311.005