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Tex. Gov't Code § 1232.002

PURPOSE

Known as the Texas Public Finance Authority Act

The act spans §§ 1232.001 to 1232.206 (65 sections).

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff

The purpose of this chapter is to provide a method of financing for:

(1) the acquisition or construction of buildings;

(2) the purchase or lease of equipment by executive or judicial branch state agencies; and

(3) customer rate relief bonds authorized by the Railroad Commission of Texas in accordance with Subchapter I, Chapter 104, Utilities Code.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.