Tex. Local Government Code § 501.204
This is the official text of Tex. Local Government Code § 501.204, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 501.204. AUTHORIZING UNIT'S APPROVAL OF BONDS.
Official statutory text
(a) A corporation may not deliver bonds, including refunding bonds, unless the governing body of the corporation's authorizing unit adopts a resolution, not earlier than the 60th day before the date the bonds are delivered, specifically approving the corporation's resolution providing for the issuance of the bonds.
(b) If the corporation is authorized to be created by a county alliance, the resolution required by Subsection (a) must be adopted by the commissioners courts of at least three-fifths of the members of the county alliance.
(b) If the corporation is authorized to be created by a county alliance, the resolution required by Subsection (a) must be adopted by the commissioners courts of at least three-fifths of the members of the county alliance.
Status: in_force · Read it on the official government site
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