A municipality may issue bonds under this subchapter in an amount:
(1) the municipality considers necessary; and
(2) that does not exceed a limit on debt set by the municipal charter.
Tex. Gov't Code § 1505.003
AMOUNT OF BONDS
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.