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Tex. Government Code § 1431.005

GENERAL LIMITATION

Texas · Texas Government Code · Status: effective

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Tex. Government Code § 1431.005, GENERAL LIMITATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/660551
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An issuer may not use proceeds of an anticipation note to repay interfund or other borrowing that occurred earlier than 24 months before the date of the ordinance or order authorizing the issuance of the note.