Tex. Local Government Code § 107.001
This is the official text of Tex. Local Government Code § 107.001, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 107.001. DEFINITIONS.
Official statutory text
In this chapter:
(1) "Obligation" includes a bond, certificate, note, or book entry obligation.
(2) "Unfunded liability" means an unfunded, accrued liability of a municipality to a public pension fund as determined by actuarial analysis.
(1) "Obligation" includes a bond, certificate, note, or book entry obligation.
(2) "Unfunded liability" means an unfunded, accrued liability of a municipality to a public pension fund as determined by actuarial analysis.
Status: in_force · Read it on the official government site
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