Texas § TN.201.974 - PLEDGE OF STATE'S FULL FAITH AND CREDIT
Full text of Texas The Texas Constitution § TN.201.974 — PLEDGE OF STATE'S FULL FAITH AND CREDIT, with citation guidance and answers to common questions.
§ TN.201.974. PLEDGE OF STATE'S FULL FAITH AND CREDIT
PLEDGE OF STATE'S FULL FAITH AND CREDIT. (a) The commission may guarantee on behalf of the state the payment of any obligations and credit agreements issued under Section 201.973 by pledging the full faith and credit of the state to the payment of the obligations and credit agreements in the event the revenue and money dedicated to the fund pursuant to Section 49-o (d), Article III, Texas Constitution, and on deposit in the fund pursuant to Section 49-o (e), Article III, Texas Constitution, are insufficient for that purpose. (b) The exercise of the authority granted by Subsection (a) does not modify or relieve the commission from complying with Section 201.973 (e) or (f) and does not permit the issuance of aggregate obligations in an amount exceeding the maximum obligation amount. (c) If the commission exercises the authority granted by Subsection (a), the constitutional appropriation contained in Section 49-o (f), Article III, Texas Constitution, shall be implemented and observed by all officers of the state during any period during which obligations and credit agreements are outstanding and unpaid. Added by Acts 2005, 79th Leg., Ch. 1070 (H.B. 1546 ), Sec. 1, eff. November 8, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § TN.201.974
What does The Texas Constitution § TN.201.974 cover?
Section TN.201.974 ("PLEDGE OF STATE'S FULL FAITH AND CREDIT") 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 § TN.201.974?
A common citation format is "The Texas Constitution § TN.201.974" (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 § TN.201.974 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.