83rd Texas Legislature, Regular Session, House Bill 2610, Chapter 1018 Page: 4 of 5
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H.B. No. 2610
1 at the option of any person, including the issuer, a holder, or a
2 bearer; and
3 (B) payable only out of:
4 (i) current revenues or taxes collected in
5 the year the public security is issued; or
6 (ii) the proceeds of other public
8 (2) a certificate in evidence of benefit assessments;
9 (3) a certificate of obligation, including a claim or
10 account that represents an undivided interest in a certificate of
11 obligation, that under Subchapter C, Chapter 271, Local Government
12 Code, an issuer is authorized to deliver to a contractor;
13 (4) a time warrant issued under Chapter 252 or 262,
14 Local Government Code;
15 (5) a public security authorized by Chapter 1371;
16 (6) a lease, lease-purchase, or installment sale
17 obligation, except as provided by other law; [an]
18 (7) a public security that by rule the attorney
19 general exempts because it is not practical to require approval
20 before the public security's issuance; and
21 (8) a nonnegotiable note issued under Section 45.108,
22 Education Code, in a principal amount that does not exceed $1
24 SECTION 4. This Act takes effect September 1, 2013.
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Texas. Legislature. House of Representatives. 83rd Texas Legislature, Regular Session, House Bill 2610, Chapter 1018, legislative document, June 14, 2013; [Austin, Texas]. (texashistory.unt.edu/ark:/67531/metapth439107/m1/4/: accessed October 18, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.