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Texas Government Code - GOV'T § 1507.157. No Waiver of Claims

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

(a) A municipality's action under this subchapter does not affect or abrogate any claim the municipality may have with respect to a loss described by Section 1507.151.

(b) A municipality that issues bonds under this subchapter:

(1) does not waive any claim of the municipality;

(2) is not estopped from recovering on a claim of the municipality;  and

(3) does not ratify any prior action by the municipality in connection with the loss.

(c) A municipality may reserve any claim the municipality may have in its action authorizing the bonds.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1507.157. No Waiver of Claims - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1507-157/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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