1232.105 – AGGREGATE LIMIT ON ISSUANCE OF OBLIGATIONS FOR
Texas Government Code § 1232.105
Summary
This law establishes a cap on the total amount of obligations that can be issued for alternative fuel projects, limiting it to $50 million. It affects the authority responsible for financing these projects, ensuring fiscal constraints are maintained.
Limits obligations for alternative fuel projects to $50 million.
Applies to the authority issuing these financial obligations.
Ensures fiscal responsibility in funding alternative fuel initiatives.
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In simple terms: Learn about Texas's AGGREGATE LIMIT ON ISSUANCE OF OBLIGATIONS FOR 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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