Tex. Transportation Code § 171.256
LOCAL GOVERNMENT FINANCING
Texas · Texas Transportation Code · Status: effective
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- Citation
- Tex. Transportation Code § 171.256, LOCAL GOVERNMENT FINANCING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/568189
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Full text
(a) Section 173.256(d), relating to the limit on payments made by a local government, does not apply to a district to which Section 171.053 applies.
(b) A district to which Section 171.053 applies may use money paid to the district by a local government outside the territory of the local government if the money is used for a public purpose of the local government.
(c) A district to which Section 171.053 applies may pledge money paid to the district by a local government to secure the payment of a district debt.