Tex. Loc. Gov't Code § 107.006

OBLIGATION AS REFINANCING

Added by Acts 2003, 78th Leg., ch. 1271, Sec. 1, eff

An obligation issued under Section 107.003 is a complete or partial refinancing of a commitment of the municipality to fund its unfunded liability.

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