1232.002 – PURPOSE. The purpose of this chapter is to
Texas Government Code § 1232.002
Summary
This chapter establishes financing methods for state agencies to acquire or construct buildings, purchase or lease equipment, and manage customer rate relief bonds. It primarily affects executive and judicial branch agencies in Texas seeking funding for these purposes.
Provides financing for building acquisition and construction.
Allows purchase or lease of equipment by state agencies.
Facilitates customer rate relief bonds authorized by the Railroad Commission.
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In simple terms: Learn about Texas's PURPOSE. The purpose of this chapter is to law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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