Bill details Help | Status

HB 40, 52nd R.S.

Relating to amending certain acts so as to authorize cities and towns, including Home Rule Cities, which heretofore have issued or hereafter may issue original bonds or refunding bonds payable from revenues of electric light and power systems, gas systems, water systems, sewer systems, or any combination of such systems, to issue additional bonds payable from such revenues for purposes of improving and extending such systems, such additional bonds to constitute a lien upon said revenues in order of their issuance inferior to the lien securing the payment of the bonds previously issued.

Author: Clinton Stanley Banks, Jr.
Coauthor: Oswald E. "Ozzie" Latimer | Marshall O. Bell | W. Albert "Cap" Williamson

Session Law Chapter:
Acts 1951, 52nd R.S.,ch. 23, General and Special Laws of Texas

Subjects:
BONDS
City Government--Finance
City Government--Utilities

The Legislative Archive System is a work in progress. Complete information is not available for all bills and all sessions. Visit the Legislative Archive System status page for details. Please contact the Legislative Reference Library at 512-463-1252 if you have any questions. Information on this website is provided as a public service by the Legislative Reference Library. The Legislative Reference Library makes no representation as to its completeness or accuracy and makes no warranty in regard to its use. Users assume all risk of reliance on the information included on this site.