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TITLE 1 | ADMINISTRATION |
PART 3 | OFFICE OF THE ATTORNEY GENERAL |
CHAPTER 53 | MUNICIPAL SECURITIES |
SUBCHAPTER E | APPROVAL OF ISSUES OF CERTIFICATES OF OBLIGATION |
RULE §53.77 | Emergency Approval |
Certificates will be approved under Texas Civil Statutes, Article 2368a.1, §7(1), (2), and (3), in cases of true emergency only. An emergency must involve a public calamity, a present danger, or unforeseen damage. |
Source Note: The provisions of this §53.77 adopted to be effective January 1, 1976. |