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Texas Government Code - GOV'T § 1431.012. Restriction on Certain Contracts Payable From Proceeds of Notes

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Except as provided by Subsection (b), a county must comply with the competitive bidding requirements of Subchapter C,  1 Chapter 271, Local Government Code, in connection with a contract to be paid from the proceeds of anticipation notes issued for a purpose described by Section 1431.004(a)(1)(A).

(b) Competitive bidding requirements do not apply to an anticipation note or other obligation issued under Section 1431.015 for any authorized purpose.

1  V.T.C.A., Local Government Code § 271.041 et seq.
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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1431.012. Restriction on Certain Contracts Payable From Proceeds of Notes - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1431-012/

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