Texas § GV.1401.082 - REVENUE BOND REPAYMENT AND LEASE AGREEMENT
Full text of Texas The Texas Constitution § GV.1401.082 — REVENUE BOND REPAYMENT AND LEASE AGREEMENT, with citation guidance and answers to common questions.
§ GV.1401.082. REVENUE BOND REPAYMENT AND LEASE AGREEMENT
REVENUE BOND REPAYMENT AND LEASE AGREEMENT. (a) In accordance with a lease agreement, the appropriate agency, with money appropriated for the purpose, shall pay to the board an amount the board determines to be sufficient to: (1) pay the principal of and interest on the bonds issued under Section 1401.061 ; (2) maintain a reserve fund necessary to service the debt; and (3) reimburse the authority for other costs and expenses relating to: (A) a project; or (B) the outstanding bonds. (b) For purposes of this section, a state agency may enter into a lease agreement in the name of and on behalf of the state. (c) A state agency shall include in its biennial appropriation request an amount sufficient to pay the principal of and interest on outstanding bonds issued under Section 1401.061 for the agency. 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.1401.082
What does The Texas Constitution § GV.1401.082 cover?
Section GV.1401.082 ("REVENUE BOND REPAYMENT AND LEASE AGREEMENT") 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.1401.082?
A common citation format is "The Texas Constitution § GV.1401.082" (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.1401.082 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.