Texas § GV.479.0202 - ISSUANCE OF NOTES
Full text of Texas The Texas Constitution § GV.479.0202 — ISSUANCE OF NOTES, with citation guidance and answers to common questions.
§ GV.479.0202. ISSUANCE OF NOTES
ISSUANCE OF NOTES. (a) To meet its obligations under a motor sports racing event support contract or event support contract to improve, renovate, or acquire facilities or to acquire equipment, an endorsing municipality by ordinance or an endorsing county by order may authorize the issuance of notes. (b) An endorsing municipality or endorsing county may provide that the notes be paid from and secured by: (1) amounts on deposit or amounts to be transferred or deposited to the trust fund; or (2) surcharges from user fees charged in connection with the motor sports racing event, including parking or ticket fees. (c) A note issued must mature not later than the seventh anniversary of the date of issuance. Added by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174 ), Sec. 1.01, eff. April 1, 2021.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.479.0202
What does The Texas Constitution § GV.479.0202 cover?
Section GV.479.0202 ("ISSUANCE OF NOTES") 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.479.0202?
A common citation format is "The Texas Constitution § GV.479.0202" (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.479.0202 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.