Texas § GV.1371.052 - TRANSPORTATION AUTHORITY OBLIGATION
Full text of Texas The Texas Constitution § GV.1371.052 — TRANSPORTATION AUTHORITY OBLIGATION, with citation guidance and answers to common questions.
§ GV.1371.052. TRANSPORTATION AUTHORITY OBLIGATION
TRANSPORTATION AUTHORITY OBLIGATION; ELECTION. (a) A transportation authority created, organized, and operating under Chapter 452 , Transportation Code, may not issue an obligation, other than a refunding obligation, that is payable in whole or in part from its sales and use tax revenue and has a maturity longer than five years unless an election required by Section 452.352 (b), Transportation Code, has been held and the proposition has been approved. (b) An obligation that is exempt from the election requirement of Section 452.352 (b), Transportation Code, by the terms of Chapter 452 , Transportation Code, is also exempt from the election requirement of this section. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.1371.052
What does The Texas Constitution § GV.1371.052 cover?
Section GV.1371.052 ("TRANSPORTATION AUTHORITY OBLIGATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.1371.052?
A common citation format is "The Texas Constitution § GV.1371.052" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.1371.052 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.