Tex. Local Government Code § 254.057

This is the official text of Tex. Local Government Code § 254.057, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.

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§ 254.057. SALE OF OBLIGATIONS.

Official statutory text

(a) A municipality or board may sell obligations issued under this chapter at public or private sale under terms the governing body or the board determines to be the most advantageous and reasonably obtainable.

(b) Subsection (a) applies to obligations payable from revenue notwithstanding any restriction in a municipal charter to the contrary.

Status: in_force · Read it on the official government site

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