Texas § LG.563.103 - CONTENTS OF ORDER OR RESOLUTION AUTHORIZING ISSUANCE OF BONDS

Full text of Texas The Texas Constitution § LG.563.103 — CONTENTS OF ORDER OR RESOLUTION AUTHORIZING ISSUANCE OF BONDS, with citation guidance and answers to common questions.

§ LG.563.103. CONTENTS OF ORDER OR RESOLUTION AUTHORIZING ISSUANCE OF BONDS

CONTENTS OF ORDER OR RESOLUTION AUTHORIZING ISSUANCE OF BONDS. (a) An order or resolution of the commissioners court authorizing the issuance of bonds, including refunding bonds, under this chapter may: (1) provide for the flow of funds and the establishment and maintenance of an interest and sinking fund, a reserve fund, or another fund; (2) prohibit the further issuance of obligations payable from the pledged revenues or reserve the right to issue additional bonds that are on a parity with, or subordinate to, the lien and pledge on the revenue being used to support the bonds being issued; and (3) contain any other provision determined by the commissioners court. (b) The commissioners court may make covenants with respect to the bonds, the pledged revenues, and the operation and maintenance of any facilities the revenue of which is pledged. Added by Acts 1999, 76th Leg., ch. 227, Sec. 15, eff. Sept. 1, 1999. Renumbered from Local Government Code, Section 413.103 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.76(b)(3), eff. April 1, 2009.

Source: official Texas text · Last verified 2026-08-27

Frequently Asked Questions About Texas § LG.563.103

What does The Texas Constitution § LG.563.103 cover?

Section LG.563.103 ("CONTENTS OF ORDER OR RESOLUTION AUTHORIZING ISSUANCE OF BONDS") 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 § LG.563.103?

A common citation format is "The Texas Constitution § LG.563.103" (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 § LG.563.103 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.