This chapter does not authorize a sponsor to issue a sponsor obligation, use a letter of credit, or mortgage a public facility.
Tex. Loc. Gov't Code § 303.006
LIMITATION OF CHAPTER
Known as the Public Facility Corporation Act
The act spans §§ 303.001 to 303.124 (56 sections).
Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, 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.