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Current as of January 01, 2024 | Updated by Findlaw Staff
Notwithstanding Section 1502.058(a) or a similar law or municipal charter provision, a municipality and its officers and utility trustees may transfer to the municipality's general fund and may use for general or special purposes revenue of any municipally owned utility system in the amount and to the extent authorized in the indenture, deed of trust, or ordinance providing for and securing payment of public securities issued under this chapter or similar law.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1502.059. Transfer of Revenue to General Fund - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1502-059/
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