Texas § NR.162.050 - CONSTITUTIONAL APPROPRIATIONS
Full text of Texas The Texas Constitution § NR.162.050 — CONSTITUTIONAL APPROPRIATIONS, with citation guidance and answers to common questions.
§ NR.162.050. CONSTITUTIONAL APPROPRIATIONS
CONSTITUTIONAL APPROPRIATIONS. (a) If, during the existence of the fund or during the time any general obligation bonds are payable from the fund, the board determines that there will not be sufficient money in the fund during the following biennium available to pay principal of or interest on the bonds or both principal and interest that are to come due and to be paid from the fund during the following biennium, the comptroller shall transfer to the fund the first money coming into the State Treasury not otherwise appropriated by the constitution in amounts sufficient to pay the obligations. (b) The money appropriated shall be used to pay the obligations only if at the time the principal or interest or both actually become due there is not sufficient money in the fund available to pay the amount due. Added by Acts 1983, 68th Leg., p. 547, ch. 115,
Frequently Asked Questions About Texas § NR.162.050
What does The Texas Constitution § NR.162.050 cover?
Section NR.162.050 ("CONSTITUTIONAL APPROPRIATIONS") 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 § NR.162.050?
A common citation format is "The Texas Constitution § NR.162.050" (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 § NR.162.050 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.