Author: LawGlobal Hub


  • 1 Texas Administrative Code § 53.85 – Certificate of No Elector Protest Certificates requiring notice of intention to issue pursuant to Texas Civil Statutes must be supported by a certificate from the issuer to the effect that no petition signed by 5.0% of the qualified electors protesting the issuance of the certificates has been presented.

  • 1 Texas Administrative Code § 53.84 – Affidavits of Publication Affidavits of publication stating dates published and newspaper of publication with newspaper clipping attached are required for all published notices regarding certificates.

  • 1 Texas Administrative Code § 53.83 – Publication of Notice A resolution, ordinance, or order directing publication of notice of intention to issue certificates, when such is required, must be submitted.

  • 1 Texas Administrative Code § 53.82 – Other Applicable Rules Generally, all documentation, rules of procedure, and policy regarding approval of general obligation securities, revenue securities or combinations thereof are fully applicable to the approval of certificates.

  • 1 Texas Administrative Code § 53.81 – Applicable Statute The provisions of Texas Civil Statutes, Article 709-716, shall be fully applicable to certificates reviewed by the attorney general.

  • 1 Texas Administrative Code § 53.80 – Limitation of Payment for Certificates Payable from Revenues Other Than Taxes Certificates, and any interest coupons attached thereto, payable solely from revenues other than taxes shall have printed on their faces a statement to the effect that the holder of said obligation shall never have the right to…

  • 1 Texas Administrative Code § 53.79 – Certificates Payable from Revenues Other Than Taxes Certificates payable solely from revenues other than taxes shall not be considered debt with the meaning of Article XI, §5 and §7, of the Constitution of Texas.

  • 1 Texas Administrative Code § 53.78 – Approval of Certificates Certificates will be approved under Texas Civil Statutes, Article 2368a.1, §7(8), where their amount is not in excess of 25% of those current funds or bond funds committed to the project, and such certificates are necessary in order to provide for deficiency to enable contract…

  • 1 Texas Administrative Code § 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.

  • 1 Texas Administrative Code § 53.76 – Refunding of Certificates in Exchange for Services or Property No refunding of certificates delivered in exchange for services or property will be approved unless said certificates are authorized and issued in substantial compliance with statutory authority and full compliance with any applicable constitutional provisions.