Texas § GV.1201.027 - AUTHORITY OF ISSUER TO CONTRACT FOR SERVICES
Full text of Texas The Texas Constitution § GV.1201.027 — AUTHORITY OF ISSUER TO CONTRACT FOR SERVICES, with citation guidance and answers to common questions.
§ GV.1201.027. AUTHORITY OF ISSUER TO CONTRACT FOR SERVICES
AUTHORITY OF ISSUER TO CONTRACT FOR SERVICES. (a) An issuer has exclusive authority to select, contract with, and determine the basis for compensation of a person to provide legal and other services as may be determined by the issuer to be necessary in connection with the issuer's issuance of public securities or administration of its affairs that pertain to the issuance of public securities. The selection of legal counsel shall be made in accordance with the provisions of Subchapter A , Chapter 2254 , applicable to the selection by a governmental entity of a provider of professional engineering services. (b) Subsection (a) does not impair the authority of the attorney general under Section 402.0212 to approve a contract for legal services entered into by a state agency. (c) Except as provided by Subsection (b), to the extent of a conflict between this section and another law or a municipal charter, this section controls. (d) An issuer of a state security, as defined by Section 1231.001 , that selects or contracts with a person to provide services under Subsection (a) shall, on request, submit to the Bond Review Board: (1) the request for proposals to provide the services not later than the date the request for proposals is published; (2) each final proposal received to provide the services before a contract for the services is entered into by the issuer; and (3) an executed contract entered into by an issuer for services under Subsection (a). Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 1999, 76th Leg., ch. 1064, Sec. 2, eff. Sept. 1, 1999. Amended by: Acts 2007, 80th Leg., R.S., Ch. 991 (S.B. 1332 ), Sec. 1, eff. September 1, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.1201.027
What does The Texas Constitution § GV.1201.027 cover?
Section GV.1201.027 ("AUTHORITY OF ISSUER TO CONTRACT FOR SERVICES") 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.1201.027?
A common citation format is "The Texas Constitution § GV.1201.027" (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.1201.027 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.