Texas § GV.1205.021 - AUTHORITY TO BRING ACTION
Full text of Texas The Texas Constitution § GV.1205.021 — AUTHORITY TO BRING ACTION, with citation guidance and answers to common questions.
§ GV.1205.021. AUTHORITY TO BRING ACTION
AUTHORITY TO BRING ACTION. An issuer may bring an action under this chapter to obtain a declaratory judgment as to: (1) the authority of the issuer to issue the public securities; (2) the legality and validity of each public security authorization relating to the public securities, including if appropriate: (A) the election at which the public securities were authorized; (B) the organization or boundaries of the issuer; (C) the imposition of an assessment, a tax, or a tax lien; (D) the execution or proposed execution of a contract; (E) the imposition of a rate, fee, charge, or toll or the enforcement of a remedy relating to the imposition of that rate, fee, charge, or toll; and (F) the pledge or encumbrance of a tax, revenue, receipts, or property to secure the public securities; (3) the legality and validity of each expenditure or proposed expenditure of money relating to the public securities; and (4) the legality and validity of the public securities. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Frequently Asked Questions About Texas § GV.1205.021
What does The Texas Constitution § GV.1205.021 cover?
Section GV.1205.021 ("AUTHORITY TO BRING ACTION") 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.1205.021?
A common citation format is "The Texas Constitution § GV.1205.021" (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.1205.021 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.