ACCOUNTS REQUIRED TO BE CREATED BY ORDINANCE.

Tex. GOV'T Code § 1505.109.
in effect
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An ordinance authorizing the issuance of obligations under this subchapter must provide for: (1) an operation and maintenance account; and (2) an interest and sinking fund account. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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